Recall Naija News reported earlier that the Economic and Financial Crimes Commission (EFCC) was planning to arraign Iwu on a four-count charge bordering on money laundering.
Naija News learnt that Iwu was allegedly involved in the N23.29 billion poll bribery scandal noticed during the previous general elections.
He will be facing trial for an alleged case of N1.2billion money laundering.
The judge, who is the only one sitting during the court’s ongoing annual long vacation, is expected to arrive any moment for Iwu to take his plea, The Nations reports.
Iwu’s lawyer is a Senior Advocate of Nigeria (SAN), Ahmed Raji, who is also counsel for former National Security Adviser (NSA) Col. Sambo Dasuki (rtd).