N805 money laundry: Sen. Nwaoboshi runs to Supreme Court to reverse 7 years imprisonment

Senator Peter Nwaoboshi of the All Progressives Congress (APC), representing Delta North senatorial district in the National Assembly, has ran to the Supreme Court of Nigeria, seeking judicial reversal of the seven years imprisonment judgement delivered last Friday by the Court of Appeal, having convicted him on a N805 million fraud suit instituted against him by the Economic and Financial Crimes Commission (EFCC).

The senator, now a prisoner, was gathered to be utilizing his contacts in the National Assembly, APC leadership and the Presidency to find ways to regain his freedom from incarceration, in conjunction with two of his companies identified to be involved in money laundry.

EFCC had prosecuted Senator Nwaoboshi and two of his companies, Suiming Electrical Limited and Golden Touch Construction Project Limited, at a Federal High Court, Lagos, presided by Justice Chukwujekwu Aneke, on charges of acquisition of a property, Guinea House, Marine Road, Apapa, Lagos, at the cost of N805 million.

Suiming Electrical Limited had transferred the sum of N322 million on behalf of Senator Nwaoboshi as part payment for the property. Golden Touch Construction Project Limited was implicated to be part of proceeds of fraud.

The presiding judge of the Federal High Court, Lagos, Justice Chukwujekwu Aneke, had discharged and acquitted Nwaoboshi. EFCC challenged the judgment of Justice Chukwujekwu Aneke on June 18, 2021, who discharged and acquitted Nwaoboshi and his two companies of fraud and money laundering at the Court of Appeal.

The Court of Appeal in its judgement on Friday, convicted and sentenced Senator Nwaoboshi to seven years imprisonment, directing the liquidation of his two companies, Golden Touch Construction Project Limited and Suiming Electrical Limited, in accordance with the provisions of Section 22 of the Money Laundering Prohibition Act 2021.

The imprisoned senator was gathered to have deployed his political network to battle for his freedom after the Appeal Court judgement that sentenced him to seven years imprisonment.