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JUST IN: Senator Nwaoboshi Rearrested, Jailed Over N805m Scam

byGLAMTUSH
February 8, 2023
in News, Nigeria News
Reading Time: 2 mins read
Conviction Of Senator Nwaoboshi
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Senator Nwaoboshi has bee rearrested and jailed over N805m scam.

Glamtush reports that the senator representing Delta North in the National Assembly, Peter Nwaoboshi, who has been on the run months after the Court of Appeal, Lagos Division convicted and sentenced him to seven years imprisonment for money laundering, is finally in prison custody.

According to the Punch, the lawmaker, who was intercepted by operatives of the Economic and Financial Crimes Commission (EFCC), at a Hospital in Lagos on Monday, February 6, was remanded in Ikoyi Custodial Centre on Wednesday, February 8, 2023, to commence his prison term.

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The EFCC disclosed this in a statement on its website on Wednesday.

Glamtush reports that the Court of Appeal had in a judgement delivered on July 1, 2022, sentenced Nwaoboshi to prison after it convicted him of a two-count of money laundering and also ordered the winding up of his two companies, Golden Touch Construction Project Ltd and Suiming Electrical Ltd, in line with the provision of Section 22 of the Money Laundering Prohibition Act 2021, and their properties forfeited to the Federal Government.

But the lawmaker who was not present in court at the time of the ruling went underground and refused to present himself to the Nigerian Correctional Service.

Instead, he proceeded to the Supreme Court, praying the apex court to not only set it aside the judgment of the appeal court but grant him bail, pending the determination of his appeal.

But in a unanimous decision on January 27, 2023, the apex court dismissed the application. In the lead judgement by Justice Emmanuel Agim, the apex court wondered why Nwaoboshi, who refused to submit himself to the law, would seek the indulgence of the law.

Justice Tijani Abubakar, in his contribution, upbraided the appellant for filing the bail application while on the run.

“We must make it very, very clear to all Nigerians that nobody is above the law. The government and the governed are subject to the rule of law. And, we must ensure that there is respect for the rule of law,” the judge said.

The Court of Appeal judgement that convicted Nwaoboshi followed an appeal by the EFCC against the judgment of Justice Chukwujekwu Aneke of a Federal High Court in Lagos, which had on June 18, 2021, discharged and acquitted the lawmaker and his companies.

Nwaoboshi and his companies illegally acquired a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million. Part of the money paid for the property was transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd. The funds are believed to be proceeds of illicit activities of the convict.

One of the counts reads: “That you, Peter Nwaoboshi and Golden Touch Construction Projects Limited, between May and June 2014, within the jurisdiction of this honourable court, did acquire a property described as Guinea House, Marina Road, Apapa, Lagos, for the sum of N805million, when you reasonably ought to have known that the sum of N322 million out of the purchase price transferred to the vendors by order of Suinming Electricals Limited formed part of the proceeds of an unlawful activity of fraud and you thereby committed an offence contrary to Section 15(2) (d) of the Money Laundering Prohibition Act of 2011(as amended) and punishable under Section (15)(3) of the same Act.”

 

 

 

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