Arraigned on November 10, 2016, Fani - Kayode is facing a 5 - count
charge of money laundering preferred against him by the EFCC.
Not exact matches
The Federal Government which
preferred that
charge said that Ngwuta contravened Section 15 (2)(d)
of the
Money Laundering (Prohibition) Act, 2012 (as amended).
The statement read in part, «The commission, which
preferred 24
charges against the ex-banker before Justice Babatunde Quadri
of the Federal High Court, Maitama, Abuja, accused him
of transferring N78, 521, 431.61 from the Federal Government Pension funds into private accounts held by nonpensioners in contravention
of Section 15 (2)(b)
of the
Money Laundering Act 2011.
Nyako and the others are standing trial before Justice E. Chukwu
of the Federal High Court, Abuja in a 37 - count
charge bordering on criminal conspiracy, stealing, abuse
of office and
money laundering to the tune
of N29 billion
preferred against them by the Economic and Financial Crimes Commission, EFCC.
In any scenario, the majority would
prefer to avoid a 4 - 3 vote if one
of those four votes belongs to Ref Rodriguez, who faces criminal
charges for alleged political
money laundering.