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Alleged Money Laundering: Court dismisses charges against Senator Nwaoboshi

By: Ike Philip Abiagom

Most Distinguished Senator Peter Nwaoboshi
The Federal High Court sitting in Ikoyi, on Friday 18th,June 2021,terminated further hearing on the money laundering charge against Most Distinguished Peter Nwaoboshi, the Chairman,Senate Committee on Niger Delta Affairs and Senator representing Delta North District in the Nigeria Senate.

Justice Chukwujekwu Aneke upheld a no-case-submission the Defendants filed with respect to the charge.The court held that EFCC failed to establish a prima facie case to warrant the Defendants to be compelled to enter their defence to the charge.

According to Justice Chukwujekwu Aneke, the Prosecution woefully failed to discharge the burden of proof that was placed on it by the law. 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.

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.”
According to the Defendants, the Prosecution failed to by way of credible evidence, prove that they conspired to commit money laundering.

According to the Defendants, the Prosecution failed to by way of credible evidence, prove that they conspired to commit money laundering.

They, therefore, urged the court to uphold their no-case submissions, dismiss the charge and acquit them, a prayer that was answered today FRIDAY 18TH, JUNE 2021. It will be recalled that Senator Nwaoboshi was initially arraigned alongside the other Defendants 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.
“In conclusion, since the testimony of the Prosecution is insufficient,Justice Aneke have no difficulty in upholding their no-case submission and discharge and acquit them from the charges. The suit is hereby dismissed”, the court held.

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