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EFCC vs Nwaoboshi: Court Rules On N322m Money Laundering Charge



EFCC Arrest PDP Senators Enlisted On Alleged Looters List

A Federal High Court in Lagos State has dismissed the N322 million money laundering charge filed against Senator Peter Nwaoboshi (PDP-Delta North) by the EFCC.

Naija News reports that Nwaoboshi’s two companies – Golden Touch Construction Project Ltd and Suiming Electrical Ltd were cleared by the court.

Delivering judgement on Friday, Justice Chukwujekwu Aneke, said that the EFCC failed to prove the elements of the offences for which it charged Nwaoboshi.

He held, among others, that the prosecution’s case collapsed because “bank officials were not called to testify.”

Recall that the defendants were arraigned in 2018 before Justice Mohammed Idris, who was later elevated to the Court of Appeal.

They were then re-arraigned before Justice Aneke on Oct. 5, 2018.

In the 2-count charge marked FHC/L/117C/18, the anti-graft agency alleged that the defendants committed the offence between May and June 2014, in Lagos State.

Nwaoboshi was said to have purchased a property described as Guinea House, Marine Road, in Apapa Lagos.