News

Alleged $2m Fraud: Court Dismisses Money Laundering Charge Against Atiku’s Lawyer, Uyi Giwa-Osagie

Alleged $2m Fraud: Court Dismisses Money Laundering Charge Against Atiku’s Lawyer, Uyi Giwa-Osagie

 

 

Justice Chukwujekwu Aneke of the Lagos High Court on Monday dismissed the $2million money laundering charge filed by the Economic and Financial Crimes Commission (EFCC) against Uyiekpen Giwa-Osage, a lawyer to former Vice President, Atiku Abubakar.

The judge held, among others, that the EFCC failed to establish that the money was obtained illegally.

The EFCC had filed a three-count against the senior lawyer for allegedly laundering $2million in the build-up to the 2019 general elections.

Also named in the charge was Erhunse Giwa-Osagie, who is said to be his brother.

The EFCC alleged that the two defendants conspired with each other to make a cash payment of $2million on February 12, 2019, without going through a financial institution.

The offence is said to be contrary to Sections 18(a) and 1(a) of the Money Laundering (Prohibition) Act 2011 and were liable to be punished under Section 16(2)(b) of the same Act.

Both men had pleaded not guilty at their arraignment before the court in August 2019.

Angela Davies

Recent Posts

Zenith Tech Fair 4.0 Concludes With Hackathon Winners Receiving N77.5M In Cash Prizes

Zenith Tech Fair 4.0 has concluded, with hackathon winners receiving N77.5M in cash prizes.   Glamtush…

3 hours ago

PHOTOS: Davido Receives Luxury Car From Auto Firm For 32nd Birthday

Davido has received a luxury car from an auto firm for his 32nd birthday.  …

22 hours ago

VIDEO: How Primate Ayodele Foretold Simon Ekpa’s Arrest In 2023

Simon Ekpa, a Finnish-Nigerian separatist agitator and self-proclaimed Prime Minister of the Biafra Republic Government…

23 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

Accuses detractors of peddling news of alleged governorship ambition.   Speaker of the Lagos State…

23 hours ago

Simon Ekpa, Four Others Arrested In Finland Over Terrorism Activities

Simon Ekpa and four others have been arrested in Finland over terrorism activities.   Glamtush…

1 day ago

Davido Celebrates 32nd Birthday With ₦300m Donation To Orphanages

Davido is excited to celebrate his 32nd birthday with a ₦300m donation to orphanages.  …

1 day ago