Crime
EFCC goes after Obiano over alleged N4bn fraud
The Economic and Financial Crimes Commission will arraign the immediate-past governor of Anambra State, Willie Obiano, on Wednesday, January 24, before Justice Inyang Ekwo of the Federal High Court, Abuja, over alleged money laundering to the tune of N4,008,573,350.
The development comes over a week after the EFCC Chairman, Ola Olukoyede vowed to review all abandoned high-profile cases, especially those involving former Governors and Ministers.
An impeccable source revealed, “We found that Obiano moved N4,008,573,350 from security votes into different accounts. The money at various times was changed into dollars and returned to Obiano by cash.”
EFCC’s lead counsel, Slyvanus Tahir, SAN, will lead eight other lawyers in the trial of the former governor
When contacted by our correspondent on Tuesday, the EFCC’s spokesperson, Dele Oyewale confirmed the development while noting that Obiano will be arraigned on Wednesday.
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“Yes, we’re arraigning Obiano tomorrow,” Oyewale noted.
The ex-governor was first arrested at the Murtala Muhammad International Airport, Lagos, on March 17, 2022, as he was preparing to board a flight to Houston, the United States of America.
The arrest took place at about 8.30 pm, hours after he left office as governor and, thus, lost his immunity from arrest and prosecution.
He had been on the EFCC’s watchlist for some time before he was eventually arrested over corruption allegations.
“Obiano was arrested for alleged misappropriation of public funds, including, N5 billion Sure-P and N37 billion security vote which was withdrawn in cash. Part of the funds was also allegedly diverted to finance political activities in the state,” EFCC had noted at the time.