EFCC to Arraign Iwu for Alleged Money Laundering

- Advertisement -

Must Read

Agents “dreaming” of Lionel Messi-Cristiano Ronaldo link up amid ‘quit Barcelona’ decision

Football agents around the world are "dreaming" about the prospect of Lionel Messi moving to Juventus to team up with...

Man Utd, Chelsea given transfer boost as Kai Havertz ‘requests a meeting’ to discuss future

Manchester United and Chelsea target Kai Havertz has asked to sit down with Bayer Leverkusen chiefs as he seeks to iron...

Man Utd transfer round up – Alexis Sanchez’s Inter stay, Juan Mata’s future

Manchester United are a team slowly improving under Ole Gunnar Solskjaer. The Norwegian coach has finally managed to get Paul...

Man Utd told its time for Dean Henderson to step up and challenge David de Gea

Dean Henderson is ready to ­challenge David de Gea for the No.1 role at ­ Manchester United, according to goalkeeping...
- Advertisement -


Economic and Financial Crimes Commission (EFCC) is set to arraign a former Chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu.

EFCC’s acting spokesperson, Mr Tony Orilade, confirmed the planned arraignment in a statement in Abuja on Thursday.

He, however, did not disclose when the former INEC chairman would appear in court.

Iwu would be arraigned at a Federal High Court sitting in Lagos on a four-count charge bordering on money laundering.

The former chairman is alleged to have between December 2014 and March 2015, aided the concealment of the sum of N1.2billion.

The said sum was in the bank account of Bioresources Institute of Nigeria Limited domiciled in the United Bank for Africa, (UBA) PLC.

Iwu is a Nigerian Professor of Pharmacognosy who was appointed Chairman of the INEC in June 2005, and was removed from office in April 2010. (NAN)





Source link

Comments

0 comments

- Advertisement -

Latest Update

What channel is Southampton vs Man City? Kick-off time, TV and live stream information

Manchester City are bidding to build on their demolition job over Liverpool when they travel to Southampton on Sunday. ...

Trump Hosts July 4 Event at White House as Coronavirus Cases Soar

President Trump hosted a Fourth of July celebration at the White House, despite concerns that crowds could facilitate spread of the coronavirus. Source link...

No power can ban almajiri in Nigeria –Sheik Usman Bauchi

And that’s why your people will remain the poorest,bandits and terrorist forever. The Muslims in the north are they better than the ones in...

What people in the NBA are saying about the Orlando restart

As the NBA calendar resumes and teams prepare for the conclusion of the season in Orlando, Florida, few franchises have been more representative...

President Buhari makes new appointment

President Muhammadu Buhari has approved the appointment of Rev Yakubu Pam as the Executive Secretary of Nigerian Christian Pilgrims Commission (NCPC). Until his appointment,...
- Advertisement -

More Post Like This

Comments

0 comments