Featured

JUST IN: EFCC charges Atiku’s lawyer with $2m laundering

Published

on

Spread The News

The Economic and Financial Crimes Commission (EFCC) has filed a money laundering charge against former Vice President Atiku Abubakar’s lawyer Uyiekpen Giwa-Osagie.

It accused him of laundering $2million ahead of this year’s general elections in which Atiku, Peoples Democratic Party (PDP) candidate, contested against President Muhammadu Buhari.

EFCC said the lawyer handled the $2million without going through a financial institution.

It said the sum exceeded the amount authorised by law to be transacted in cash.

A three-count charge, signed by prosecuting counsel Rotimi Oyedepo, was filed at the Federal High Court in Lagos against Giwa-Osagie and his brother Erhunse Giwa-Osagie.

EFCC said they allegedly contravened sections 18(a) and 1(a) of the Money Laundering (Prohibition) Act 2011, punishable under Section 16(2)(b).

The charges read: “That you Uyiekpen Giwa-Osagie and Erhunse Giwa-Osagie, sometimes in February 2019 in Nigeria within the jurisdiction of this honourable court, conspired to commit an offence to wit: making cash payment of the sum of $2,000,000.00 (two million United State Dollars) without going through financial institution, which sum exceeded the amount authorised by law and you 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.

That you Uyiekpen Giwa-Osagie, on or before the 12th day of February 2019 in Nigeria, within the jurisdiction of this honourable court, procured Erhunse Giwa-Osagie to make cash payment of the sum of $2,000,000.00 without going through financial institution, which sum exceeded the amount authorised by law and you thereby committed an offence contrary to Section 18(c) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act.

“That you Erhunse Giwa-Osagie, sometimes in February 2019 in Nigeria, within the jurisdiction of this honourable court, made the payment of the sum of $2,000,000.00 without going through a financial institution, which sum exceeded the amount authorised by law and you thereby committed an offence contrary to Sections 1(a). & 16(1)(d) of the Money Laundering (Prohibition) Act, 2011 (As Amended) and Punishable under section 16 of the Same Act.”

EFCC first arrested Giwa-Osagie in February at the height of the campaigns.

It was learnt they may be arraigned next week.

Leave a Reply

Your email address will not be published.

Trending

Copyright © 2024 Nationaldailyng