EFCC Arrests Uyi Giwa-Osagie & Babalele Abdullah, Atiku's Laywer, In-law - |Ads4naira Blog|

EFCC Arrests Uyi Giwa-Osagie & Babalele Abdullah, Atiku's Laywer, In-law

The Economic and Financial Crimes Commission,
EFCC has arrested two close allies of PDP
Presidential candidate, Atiku Abubakar.POLITICS
NIGERIA learnt that the commission arrested Uyi
Giwa-Osagie, Atiku's lawyer and his Son-in-law,
Babalele Abdullah on Thursday evening. The
commission is set to file charges of Money-
laundering against Osagie.
Below are the charges against Osagie;
COUNT 1
That you UYIEKPEN GlWA-OSAGIE and ERHUNSE
GlWA-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 authorized 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.
COUNT 2
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 GIWAOSAGIE to make cash payment of
the sum of $2,000,000.00 (Two Million United
State Dollars) without going through financial
institution, which sums exceeded the amount
authorized 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.
COUNT 3
That you ERHUNSE GlWA-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 (Two Million United State
Dollars) without going through financial
institution, which sum exceeded the amount
authorized 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.The arrest is coming five months after
Babalele and Giwa-Osagie were detained for
several days while being questioned in a multi-
million dollar money-laundering probe.He was
reportedly arrested after a bureau de change
operative allegedly identified him as the owner of
$2 million found in its possession.The
commission alleged that the funds were to be
used for the 2019 general elections.

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