Latest
Court clears ex-Minister Turaki of money laundering charge
Court clears ex-Minister Turaki of money laundering charge.
A Federal High Court, Abuja, on Monday, discharged and acquitted former Minister of Special Duties and Inter-Governmental Affairs, Kabiru Turaki, of money laundering charge.
Justice Inyang Ekwo, in a ruling on the no-case submission filed by the defence, said the the Economic and Financial Crimes Commission (EFCC) had failed to link Turaki and his co-defendants with the offences contained in the 16-count charge.
He said that the prosecution could not establish a prima facie case against them.
Justice Ekwo said that the defendants dislodged all the evidence of the prosecution witnesses called in the matter during cross examination, describing the 12 witnesses relied on by EFCC as “tainted witnesses.”
The judge said that it was established during cross examination that Turaki was not a signatory to the account of the ministry and did not authorise any payment or make any transfer of funds.
He aligned with the argument that held the former minister was not a member of the Ministerial Tender Board and that there was no inflow of funds from the account of the ministry to Turaki’s company.
The News Agency of Nigeria reports that the EFCC had, in the 16-count charge, accused the ex-minister and others of unlawful and criminal misappropriation of N715 million.
Details later…
-
Trending Stories7 days agoDavido, Wizkid, Burna Boy or Asake: Who is having the biggest 2026 so far?
-
Football6 days agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Business5 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Crime6 days agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business6 days agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Energy1 week agoBrent crude tops $100: What higher oil prices mean for Nigeria
-
Business6 days agoNaira gains ground as Euro holds around N1,548, reserves hit 18-year high
-
Business3 days agoDangote IPO rush crashes Bamboo login as investors flood platform


