Justice Chukwujekwu Aneke, one of the federal high court judges in Lagos on Monday pronounced that the Economic and Financial Crimes Commission failed to establish that the money asserted to have been delivered to the former President of Nigeria, Olusegun Obasanjo, during the 2019 election was illegal.
Uyiekpen Giwa-Osagie, the lawyer to former Vice President of Nigeria, Atiku Abubakar and his brother, Erhunse, had been standing trial before the Federal High Court in Lagos on a three-count charges of money laundering of 2 million dollars.
One of the counts reads that Uyiekpen Glwa-Osagie and Erhunse Giwa-Osagie, in February 2019, within the jurisdiction of this Honourable Court plotted to commit an offence to wit: making cash payment of the sum of $2,000,000.00 without going through financial institution, which sum exceeded the amount authorised by Law; and thereby committed an offence contrary to Section 18(a), and 1(a) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act.”
The prosecution counsel, Kufre Uduak, had also informed the court that the Commission, in 2019, received information that some politicians were moving around with US Dollars to influence the result of the last general elections.
However, the EFCC has failed to establish that the money delivered is not legal.
Source: punch news