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N3.1b Money laundering: Court grants Okorocha N500m bail, set November 7 for trial

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Okorocha Imo #3.1 Billion laundering 

N3.1b Money laundering: Court grants Okorocha N500m bail, set November 7 for trial


 Justice Inyang Ekwo of the State Supreme Court, Abuja on Tuesday, May 31, 2022, granted the former governor of the Imo region Senator Rochas Okorocha bail. 

 Okorocha appeared in court on Monday, 30 May 2022, along with Anyim Nyerere (a.k.a Anyim Chinenye), Naphtali International Ltd, Perfect Finish Multi Projects Ltd, Consolid Projects Consulting Ltd, Pramif International Ltd and Legend World Concepts Ltd at 17 charges of theft, conspiracy and money laundering amounting to N3,147,000,000.00 (Three Billion, One Hundred and Forty Seven Million Naira). 

 At hearing on Monday 30 May 2022, the first defendant's lawyer, Oke, Amaechi, SAN, asked the court to grant the defendant bail, saying it was his constitutional right. But the prosecutor's lawyer, Cosmos Ugwu, opposed the bail application on the grounds that the original defendant had not complied with the administrative bail conditions granted to him by the Commission. Giving bail, Justice Ekwo pointed out that granting bail was a court decision. 

The judge then granted the first accused bail of N500m

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