Latest News

EFCC to arraign Atiku’s lawyer over alleged $2m money laundering charges

Published by

A lawyer, Mr Uyiekpen Giwa-Osagie, is billed to be arraigned by the Economic and Financial Crime Commission (EFCC) for allegedly laundering $2m.

According to the anti-graft agency, Giwa Osagie allegedly laundered the money during the build-up to the general elections.

Giwa-Osagie, a lawyer to the presidential candidate of the Peoples Democratic Party in the election, Alhaji Atiku Abubakar,  was alleged to have handled the $2m cash without going through a financial institution.

It was gathered that Giwa-Osagie will be arraigned next week, alongside Erhunse Giwa-Osagie, said to be his brother

The EFCC has already filed three counts charges against the lawyer before the Federal High Court in Lagos.

According to the charge, the EFCC alleged that the Giwa-Osagie brothers conspired between each other to make a cash payment of $2m on February 12, 2019, without going through a financial institution.

ALSO READ: Gov Wike declares Bobrisky wanted, offers N30m for his arrest

EFCC lawyer, Mr Rotimi Oyedepo, who signed the charge sheet, said the amount exceeded the threshold stipulated by the anti-money laundering law.

Oyedepo said the Giwa-Osagie brothers acted contrary to Sections 18(a) and 1(a) of the Money Laundering (Prohibition) Act 2011 and were liable to be punished under Section 16(2)(b) of the same

Recent Posts

Again, EFCC vows to act on fraud petition against Matawalle

The Economic and Financial Crimes Commission (EFCC), had once again, assured protesters that it would…

5 minutes ago

SSUCOEN seeks more funding for colleges of education, 2010 agreement renegotiation

The Senior Staff Union in Colleges of Education, Nigeria (SSUCOEN), has called for increased funding…

9 minutes ago

Zamfara Red Cross donates items to General Hospital, PHC

The Nigerian Red Cross Society, Zamfara State branch, has disclosed that humanitarian service to the…

11 minutes ago

‘$255,000 Forex fraud’: Court grants Mercy Chinwo’s ex-manager N20m bail

The court, which had earlier released EeZeeTee into the custody of his lawyer, Ojukwu Chikaosolu,…

14 minutes ago

Kano gov lauds DSS for arresting suspects behind murder of one-year-old

Kano State Governor, Alhaji Abba Kabir Yusuf, has commended the efforts of the Directorate of…

25 minutes ago

Jigawa govt disburses free uniforms to 30,000 female students

"We are distributing about 30,000 pieces of school uniforms to students across the state, and…

26 minutes ago

Welcome

Install

This website uses cookies.