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BREAKING: Court Clears Popular PDP Senator Of N322m Fraud Charge
- Court has cleared a popular PDP Senator of N322m fraud charge.
EKO HOT BLOG reports that the Federal High Court sitting in Lagos has discharged Senator Peter Nwaoboshi of the N322million money laundering charge filed against him by the Economic and Financial Crimes Commission (EFCC).
Senator Nwaoboshi of the Peoples Democratic Party (PDP) represents Delta North in the upper chamber.
Justice Chukwujekwu Aneke, on Friday, held that the EFCC failed to prove the elements of the offences for which it charged the lawmaker.
EKO HOT BLOG gathered that the judge also discharged Nwaoboshi’s two firms – Golden Touch Construction Project Ltd and Suiming Electrical Ltd – on the same ground.
The defendants were arraigned in 2018 before Justice Mohammed Idris who was later elevated to the Court of Appeal.
They were then re-arraigned before Justice Aneke on October 5, 2018.
READ ALSO: Court Jails Three For N65m Fraud In Lagos
In the two-count charge marked FHC/L/117C/18., the EFCC alleged that the defendants committed the offence between May and June 2014, in Lagos.
Senator Nwaoboshi was said to have acquired a property described as Guinea House, Marine Road, in Apapa Lagos, for the sum of N805million.
The prosecution said he reasonably ought to have known that N322million out of the purchase sum formed part of proceeds of an unlawful act.
The sum was said to have been transferred to the vendors by order of Suiming Electrical Ltd.
According to TheNation, Suiming Electrical was alleged to have on May 14, 2014, aided Nwaoboshi and Golden Touch to commit money laundering.
But Justice Aneke held, among others, that the prosecution’s case collapsed because “bank officials were not called to testify.”
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