In News by Oluwaseun Samuel on the 17th, June, 2020

EFCC Re-Arraigns Ex-AGF Adoke On Cash Laundering Prices

EFCC Re-Arraigns Ex-AGF Adoke On Money Laundering Charges

Mohammed Adoke

A former Lawyer Basic of the Federation and Minister of Justice, Mohammed Adoke (SAN), after his arraignment for Malabu oil deal bribe within the Federal Capital Territory, Abuja…on Wednesday. Photograph: Olatunji Obasa.

 

The Financial and Monetary Crimes Fee on Wednesday re-arraigned a former Lawyer-Basic of the Federation and Minister of Justice, Mohammed Adoke (SAN) on cash laundering associated prices involving about N400m, The PUNCH studies.

The ex-AGF was re-arraigned alongside an Abuja-based businessman, Aliyu Abubakar, earlier than Justice Inyang Ekwo of the Federal Excessive Court docket in Abuja.

The case marked, FHC/ABJ/CR/39/2017, contained seven counts, with six of them relating Adoke.

The 2 defendants have been earlier arraigned on February eight, 2020, earlier than Justice Binta Nyako, however the case was later transferred to Justice Ekwo.

The switch of the case to Justice Ekwo necessitated the re-arraignment on Wednesday.

They pleaded not responsible to the fees once more once they have been learn to them on Wednesday.

EFCC alleged within the prices that they dedicated the cash laundering offences involving over N400m in Abuja in September 2013.

Within the counts regarding Adoke, he was accused of amongst others, receiving the greenback equal of N300m from Abubakar, paying the greenback equal of N367,318,800 to 1 Usman Mohammed Bello, and allegedly utilizing the sum of N300m which was alleged to be a part of the proceeds of illegal actions, all in violations of assorted provisions of the Cash Laundering Prohibition Act 2011.

Adoke was additionally accused of constructing “structured money funds, in 22 tranches” amounting to N80m, one other of such structured funds in 13 tranches summing as much as N50m into his Unity Checking account.

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The fee alleged that the funds weren’t solely a part of the proceeds of illegal acts however in addition they exceeded “thresholds outdoors a monetary establishment” and that the funds have been finished with the intention of concealing the origins of the funds opposite to part 15(2(a) of the Cash Laundering Prohibition Act 2011 and punishable below part 15(three) of the identical legislation.

The one rely regarding Abubakar was that he allegedly made the fee of greenback equal of N300m to Adoke’s account in violation of the cash laundering legislation.

The defendants pleaded not responsible to the fees.

Adoke’s lawyer, Kanu Agabi (SAN), and Abubakar’s lawyer, Akin Olujinmi (SAN), who appeared for Abubakar, urged the court docket to permit their defendants to proceed to benefit from the bail already granted them by the earlier choose.

EFCC’s lawyer, Bala Sanga, didn’t oppose the request.

He stated he had 5 prosecution witnesses to name within the case.

The choose adjourned until August three for trial.

The ex-AGF, who went on self-exile after leaving workplace in Could 2019, was arrested upon his return to the nation on December 19, 2019.

He was first arraigned alongside others on January 23, 2020, earlier than the Gwagwalada Division of the Excessive Court docket of the Federal Capital Territory in Abuja on 42 counts bordering on the controversial Malabu Oil rip-off.

On February eight, 2020, he was additionally arraigned alongside, Abubakar, on seven counts of cash laundering learn to them earlier than Justice Binta Nyako of the Federal Excessive Court docket in Abuja.

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