The Economic and Financial Crimes Commission (EFCC) on Friday, rearraigned Senator Delta North Senatorial district, Mr. Peter Nwaoboshi, before a Federal High Court, Lagos, over alleged N332 million fraud.
He was rearraigned alongside his companies, Golden Touch Construction Project Limited and Suiming Electricals Limited, before Justice Chukwujekwu Aneke, on the said allegations.
The defendants rearrangement before the new judge was sequel to the elevation of the former judge, Justice Mohammed Idris, who has been elevated to the Court of Appeal.
They were formerly arraigned before Justice Idris on April 25, this year.
At the resumed hearing of the matter today, after their pleas were retaken, their lawyer, Mr. Emmanuel Kachukwu (SAN), urged the court to allow the Senator to continue with the bail earlier granted him by Justice Idris.
He also urged the judge to order the release of Nwaoboshi’s passport to enable him to travel to Indonesia on October 8 and return on October 19, 2018.
The two request were granted by Justice Aneke.
The judge however ordered that yhe said the passport should be returned to the Court’s Deputy Chief Registrar (DCR) by October 23.
The Judge also adjourned further proceedings in the case till October 25.
The charges against Nwaoboshi and his co-defendants border on conspiracy and money laundering.
The EFCC, in the charges, claimed that Nwaoboshi and Golden Touch Construction Project Limited purchased a property known as Guinea House, Marine Road, Apapa, Lagos for N805m between May and June 2014.
The anti-graft agency claimed that N322m out of the N805m, which Nwaoboshi and the firm paid for the property, was part of proceeds of “an unlawful act, to wit: fraud.”
The EFCC alleged that the N322m was transferred to the vendor of the property on the order of Suiming Electricals Limited.
Suiming Electricals Limited was accused of aiding Nwaoboshi and Golden Touch Construction Project Limited to commit money laundering on or about May 14, 2014.
The prosecution said the defendants acted contrary to sections 18(a) and15(2)(d) of the Money Laundering (Prohibition) Act 2011 and are liable to punishment under Section 15(3) of the same Act.
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