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BREAKING: Court Clears Ex-NNPC GMD, Yakubu Of Money Laundering Charges

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BREAKING: Court Clears ex-NNPC GMD, Yakubu Of Money Laundering Charges

A Federal High Court in Abuja has discharged and acquitted a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, of money laundering charge.

In a judgement, Justice Ahmed Mohammed,held that the Economic and Financial Crimes Commission (EFCC) failed to prove its case beyond reasonable doubt.

Justice Mohammed said that the EFCC had failed to prove the three ingredients of Section I of the Money Laundering Prohibition Act which it relied upon.

According to him, to sustain the conviction of the defendant (Yakubu) in this Act, the burden of proof is on the prosecution.

He described the vital ingredients in counts three and four which the anti-graft agency charged the ex-GMD to include receiving cash payment above N5 million, failure to go through a financial institution and that the defendant is a natural person.

“Though the EFCC called six witnesses against Yakubu, the ex-GMD, while demonstrating the ownership of the money allegedly laundered, said the money were received as gifts and goodwill from friends and well wishers after his retirement in 2014.

READ ALSO: MRS, Oando, Duke, Others Imported Adulterated Fuel – NNPC

Mohammed said that Yakubu, while giving his evidence as first defence witness (DW1), said that the monies, which are in naira and foreign currencies, were received in bit not as a whole as alleged by the prosecution.

The judge held that the EFCC ought to have applied that Yakubu should mention the names of the donors and if possible, invite them for questioning but failed to do so.

The anti-graft agency had, in 2017, raided the residence of the ex-NNPC boss in Kaduna and found 9, 772, 800 dollars and 74, 000 pounds (9.7 million dollars and 74, 000 pounds) in a safe.

Yakubu was, however, arraigned on March 16, 2017, on six counts but the trial court struck out counts one and two.

The Court of Appeal also struck out counts five and six and ordered Yakubu to defend himself on counts three and four.

Counts three and four bordered on failure to make full disclosure of assets, receiving cash without going through a financial institution and intent to avoid a lawful transaction in alleged violation of Section 1(1) of the Money Laundering Act, 2011 and punishable under Section 16(2)(b) of the Act.

 

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Police Arrest ESN, IPOB Members, Uncover Shrine With Python

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NEWSPolice Arrest ESN, IPOB Members, Uncover Shrine With Python

Seven suspected members of the Eastern Security Network (ESN) of the Indigenous People of Biafra (IPOB) as well as a live python they used to fortify themselves before attacks have been arrested.

The Imo State Police Public Relations Officer, PPRO, Micheal Abattam, who confirmed this to newsmen in Owerri, said “the Command’s Tactical Teams, on 18/5/2022 at about 0600 hours hastily mobilized when it received credible information that the native doctor who prepares charms for fortifications against bullets and knives for group has returned after fleeing the community.”

Narrating how the Police raided the camps, the police said, “with the positive revelations made in the course of interrogating the suspects earlier arrested in connection with the killing, the team was able to locate the criminal hideout in Ubah Agwa in Oguta LGA of Imo State and immediately cordoned-off the area and tactically went into the den.

“The hoodlums on sighting the police operatives, attempted to escape only to discover that the whole escape routes had been saturated with police operatives hence, they were arrested. ”

He gave the names of the arrested suspects as “Casmire Mgbugha ‘m’ aged 53 years, Hycent Chimezie ‘m’ aged 30 years, Hycent Azunna ‘m’ aged 28 years, Hycent Ifesinachi ‘m’ aged 26 years, Hycent Chimobi ‘m’ aged 23 years, Chukwuemeka Wisdom ‘m’ aged 22 years and Nnadike Clifford ‘m’ aged 72 years.”

The police said on searching the terror camp, the following items were recovered: one Toyota Camry car with registration number AKD 73 BF LAGOS, one live python, eight locally made pistols, eighteen rounds of live cartridges, one Biafra flag, a pair of police camouflage uniform belonging to the late Inspector Felicia Nwagbara ‘f’, who has been declared missing since 2017 by police authorities

READ ALSO: 107 IPOB Members Arrested In Ghana

While coming out of the terror camp, one of the suspects, Hycent Chimezie for the second time, attempted escaping and was maimed on the leg, the police spokesman said.

The police further said the suspects confessed to have murdered the late Inspector Felicia Nwagbara who was the second wife to one of the suspects – Casmire Mgbugba.

The suspected hoodlums further stated that they were the manufacturers of the locally made guns recovered from them, which they also sell to robbers and kidnappers.

“The command wishes to use this medium to appreciate the good people of Imo State for their undaunting support and assures them of the command’s commitments in sustaining the already improved security architecture in the State,” he said.

 

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Supreme Court Grants Rivers’ Request To Join Electoral Act Suit

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Supreme Court Grants Rivers' Request To Join Electoral Act Suit

The Supreme Court on Monday approved the request of Rivers State to join as an interested party a suit by President Muhammadu Buhari against the National Assembly on the Electoral Act 2022 .

The court has subsequently fixed Thursday, May 26, 2022 for the hearing of the suit.

Rivers State is to be represented in the suit by the Speaker of the State House of Assembly and the Attorney General of the state.

READ ALSO: Lawan Defies Court, Continues With Electoral Act Amendment

Justice Muhammad Musa Datijjo, who led a panel of seven justices of the court, adjourned the matter till Thursday following the concession by Buhari’s lawyer, Prince Lateef Fagbemi (SAN), that the Speaker, Rivers State House of Assembly and the Attorney General of the state be joined as parties in the suit.

Justice Dattijo then ordered the parties to file and exchange necessary processes latest next week Wednesday and return to the court on Thursday for hearing.

 

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Accountant General Ahmed Idris Suspended Over N80b Fraud

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Accountant General Ahmed Idris Suspended Over N80b Fraud

The accountant general of the federation Ahmed Idris has been suspended indefinitely by Zainab Ahmed, the minister of finance, budget and national planning.

This is coming two days after his arrest by the Economic and Financial Crimes Commission (EFCC) over an alleged N80 billion fraud.

READ ALSO: EFCC Arrests Accountant-General Over Alleged N80bn Fraud

In a letter dated May 18, 2022, Ahmed said the suspension “without pay” was to allow for “proper and unhindered investigation” in line with public service rules.
He is not expected to come to office or contact any official in his office except for any disciplinary hearing that may be advised.

 

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