Eletiofe Alleged money laundering: EFCC files fresh charges against ex-AGF,...

Alleged money laundering: EFCC files fresh charges against ex-AGF, Adoke, other

-

- Advertisment -

Six out of the seven counts in the initial charge involved only the former AGF.

Although the trial was expected to begin on Monday, the amended charges by the EFCC stalled its commencement.

At the resumed trial, Counsel to the anti-graft agency, Bala Sanga, informed the court of an amended charge he filed on July 29 which was served on all the defendants.

Justice Ekwo, who frowned at the late filing of the amended charges, adjourned the trial till Tuesday on the ground that he was yet to sight the latest applications.

In the former seven-count charge, EFCC alleged that the defendants committed the money laundering offences involving over N400 million in Abuja in September 2013.

Part of the counts relating to Adoke accused him of receiving the dollar equivalent of N300 million from Abubakar, paying the dollar equivalent of N367. 3 million to one Usman Mohammed Bello, and allegedly using the sum of N300 million, which was alleged to be part of the proceeds of unlawful activities, all in violations of various provisions of the Money Laundering Prohibition Act 2011.

The former AGF was also accused of making “structured cash payments, in 22 tranches” amounting to N80 million, another of such structured payments in 13 tranches summing up to N50 million into his Unity Bank account.

The commission alleged that the funds were not only part of the proceeds of unlawful acts but they also exceeded “thresholds outside a financial institution” and that the payments were done with the intention of concealing the origins of the funds contrary to section 15(2(a) of the Money Laundering Prohibition Act 2011 and punishable under section 15(3) of the same law.

Latest news

NAF Names Buildings After Arotile, Eight Other Deceased Officers

The Nigerian Air Force has named a two-block of 4 x 2 Bedroom Married Officers Accommodation at the NAF...

“It’s A Mistake To Think Time Is Going. You’re The One Going” – Actor Adedimeji Lateef

Popular Nollywood Actor, Adedimeji Lateef took to Instagram to post on the importance of time. The actor in his...

Nationwide Strike: 80 Civil Society Organisations Threaten FG Over Electricity Tariff, Fuel Price Hike

Femi Falana A coalition of labour and over 80 civil society organisations under the Alliance on Surviving Covid-19 And Beyond...

My Mother Died Of Cardiac Arrest On My Father’s Birthday – Davido Opens Up

Davido, the multiple award-winning Nigerian artiste, has revealed the cause of his mother’s death. The Fem singer stated that...
- Advertisement -

What Has Become Of Past BBNaija Winners? Find Out All About Them

The first-ever season of Big Brother Naija held in 2006. The show hosted by Michelle Dede and Olisa Adibua saw...

By-election: Lagos PDP Must Retire Bode George To Win – Fayose

Former Governor of Ekiti State, Ayodele Fayose, has advised the Peoples Democratic Party in Lagos State to send the...

Must read

NAF Names Buildings After Arotile, Eight Other Deceased Officers

The Nigerian Air Force has named a two-block of...

“It’s A Mistake To Think Time Is Going. You’re The One Going” – Actor Adedimeji Lateef

Popular Nollywood Actor, Adedimeji Lateef took to Instagram to...
- Advertisement -

You might also likeRELATED
Recommended to you