HighlightTop StoryTrending Story

N1.4bn laundering charge: ex-NBA President Usoro discharged and acquitted

1.2k
Advertisement




At last, justice appears to have been served in the two-year trial of a former President of the Nigerian Bar Association (NBA), Paul Usoro (SAN) charged with N1.4 billion money laundering offence.

A Federal High Court in Lagos on Friday discharged and acquitted the erstwhile NBA chief of the offences filed against him by the Economic and Financial Crimes Commission (EFCC).

EFCC had in 2019 under Mr Ibrahim Magu charged Usoro to court over alleged money laundering.

Persecondnews reports that Justice Rilwan Aikawa handed down the verdict in a judgment on Usoro’s no-case submission.

Aikawa held that the anti-graft agency had failed to establish any prima facie case against Usoro which could prompt him to enter a defence.

After taking the evidence of its second witness, the EFCC had closed its case at the Federal High Court, Lagos, in the alleged money laundering trial.

Counsel to the EFCC, Mr Uduak Kufre, who asked Justice Rilwan Aikawa to discharge the witness also told the court that the commission was pleased with the evidence it had put forward in the case.

The EFCC had called Idongesit Udom, a Deputy Manager at Zenith Bank as its first witness and Abdulrahman Arabo, the investigating officer at EFCC, as the second and final witness.

Author

See also  Shell Shuts Down Supply Pipeline in Ogoniland

Leave a comment

Related Articles

Breaking: Disastrous WAFCON/World Cup Runs:NFF Fires Super Falcons Coaching Crew

Following an unprecedented dismal performance in the just-concluded WAFCON in Morroco, the...

Osun Poll: Situation Room Nigeria Flags BVAS Glitches, Vote Buying, Logistics Gaps Ahead of 2027

By Omoyeni Ojeifo Despite a peaceful turnout for Saturday’s Osun governorship election,...

How NDLEA Denied Traffickers N301Bln in Illicit Drug Investments

By Omoyeni Ojeifo Nearly 330 tonnes of illicit drugs that could have...

Flood Disaster Hits Abuja: 74 Vehicles Submerged as Several Areas Ravaged

By Omoyeni Ojeifo The aftermath of the severe weekend flood in Gudu,...