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Money Laundering: Court Jails Peter Nwaoboshi For 7 Years

 

The Lagos Division of the Court of Appeal on Friday sentenced Senator Peter Nwaoboshi, representing Delta North Senatorial District, to 7 years imprisonment for money laundering.

The appellate court convicted him alongside his two companies: Golden Touch Construction Project Ltd and Suiming Electrical Ltd.

Following the convictions, the appeal court held that his companies be wound up and its properties forfeited to the Federal Government.

The EFCC statement on the judgement partly reads:

“The panel, comprising Justices Abdullahi Bayero, Obande Ogbuniya and Peter Affen in their judgment held that the trial court erred because the prosecution proved its case beyond reasonable doubt against the respondents and thus reverse the earlier judgement discharging and acquitting the respondents.

“The Economic and Financial Crimes Commission had challenged the judgment of Justice Chukwujekwu Aneke of the Federal High Court which on June 18, 2021 discharged and acquitted the defendants of a two count charge of fraud and money laundering.

“EFCC had arraigned the three defendants over the acquisition of a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million. Part of the money paid to the vendor, precisely a sum of N322 million transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd , was alleged to be part of proceeds of fraud.

“But in his judgment, Justice Aneke held that the prosecution failed to call vital witnesses and tender concrete evidence to prove the elements of the offences for which it charged the defendants.

“Justice Aneke said the evidence of PW2 “proved that the third defendant obtained a loan of N1.2 billion from Zenith Bank for purchase of additional equipment and as provision of working capital.

“It also proved that the loan of N1.2 billion together with interest of N24 million was properly granted to the third. Nothing else was proved by the complainant or prosecutor in this case, the judge said.”

“He claimed a fatal blow was dealt the case of the prosecution by its failure to call officials of Sterling Bank “to testify and probably tender exhibits F and F10”.

“Consequently, he discharged and acquitted the defendants.

“However ruling on the EFCC’s appeal today, the Court of Appeal held that the trial judge erred in dismissing the charges against the respondents. It said the prosecution had proved the ingredients of the offence and consequently found the defendants guilty as charged.”

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NDLEA Arrests 40-Year-Old Queen Of Drug Cartel In Taraba

 

Forty-year-old Lami Mai Rigima, a suspected queen of a drug cartel has been arrested by the National Drug Law Enforcement Agency (NDLEA), for supplying psychoactive substances to traffickers in Taraba State.

Lami has been on the watchlist of the NDLEA since October 2021 after several traffickers arrested by the agency last year fingered her as their supplier.

She was subsequently arrested on April 4 when operatives tracked her to her hideout in Iware village in Ardo Kola Local Government Area (LGA) of Taraba.

Read Also: Five suspected cultists members, drug dealers nabbed in Ekiti state 

The anti-drug agency disclosed further that the search for Lami began following the arrest, prosecution and conviction of a drug dealer, Abdullahi Madaki, 50.

A statement signed by the NDLEA spokesperson, Femi Babafemi noted that after Madaki served his brief jail sentence, he returned to the illicit trade with Lami still as his supplier.

He was, however, rearrested on February 13 while another trafficker, Jamilu Hassan, 20, a member of Lami’s supply chain, was arrested on February 24.

Also in Adamawa, narcotic officers had arrested a cross border drug trafficker, Emeka Okiru, 40, with 32,700 tablets of Tramadol 225mg under the brand name: Royal and Tramaking.

Okiru was arrested at Garden city, Mubi, Mubi North LGA on Tuesday while preparing to supply his customers from the Republic of Cameroon.

“The drugs were found concealed in cartons of paintbrush,” the statement read.

Meanwhile, in Oyo state, different quantities of Cocaine, amphetamine and cannabis were recovered from four suspects namely Adetola Tosin; Akeem Kazeem; Korede Ahmed, and Abdulgafar Nureni.

The suspects were arrested in Omi-Adio, Ido LGA; Oje area of Ibadan North LGA; Iwo Road, Ibadan North East LGA, and Sabo, Mokola, Ibadan North West LGA, when operatives raided parts of the state on Tuesday.

“At least, 172 kilograms of cannabis was recovered from two suspects: Zaidu Mohammed Kamba and Hussaini Dauda in the Kamba area of Kebbi state on Monday 4th April by NDLEA operatives.

“While commending the officers and men of the Taraba, Adamawa, Kebbi and Oyo state Commands of the Agency for their efforts, Chairman/Chief Executive of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) charged them and their compatriots in other commands across the country to sustain the tempo of offensive action against the drug cartels in every part of Nigeria,” the statement said.

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