HighlightTop StoryTrending Story

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

133

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.

Leave a comment

Related Articles

Atiku’s campaign DG switches loyalty, drums support for Tinubu, Fubara

A chieftain of the People’s Democratic Party (PDP) in Rivers State, who...

Just in: FCT court discharges, acquits ex-AGF Adoke in OPL 245 fraud charge

The FCT High Court in Jabi, Abuja, on Thursday dismissed the charges...

63-year-old woman, teenage girl, two others killed in U.S. stabbing spree

A man armed with a knife went on a stabbing spree in...

FG to collect only nine types of taxes, says FIRS chairman

The Federal Inland Revenue Service (FIRS) says in line with the presidential...

After 14 days in detention, First News editor, Segun Olatunji, breathes air of freedom

The Editor of FirstNews, a digital newspaper, Segun Olatunji, on Thursday regained...

N3trn budget padding: Sen. Ningi threatens legal action if suspension is not lifted in seven days

Abdul Ningi, the senator representing Bauchi Central, has given Senate President Godswill...

Just In: Delta military killings: DHQ declares Prof. Arthur, Amagben, six others wanted

The Defence Headquarters has declared eight people wanted over the recent killing...

Eniola Ajao apologizes over “AJAKAJU” movie premiere controversy

Actress Eniola Ajao has issued an apology to the public in the...

Just in: Soneye, NNPC Ltd.’s spokesman, wins NIPR’s Distinguished Spokesperson Award

Mr. Olufemi Soneye, Chief Corporate Communications Officer of Nigerian National Petroleum Company...

Ex-Presidential media aide, Akande criticises LP’s leadership, urges party’s alignment with national interest

Mr. Laolu Akande, a former presidential assistant, has expressed dissatisfaction with the...

Economic hardship: Ogun Govt. begins sale of rice at 50 percent price reduction to workers, public

Ogun Governor, Dapo Abiodun, has announced that his administration will start selling...

FG committed to steel industry revitalization to drive infrastructural development, says Industry Minister, Dr Uzoka-Anite

The Federal Government is committed to industry rehabilitation, with a focus on...

Pres. Tinubu pays last respect to 17 soldiers murdered in Delta State

President Bola Tinubu on Wednesday extended scholarships to the children of the...

Easter: FG declares Friday, March 29, Monday, April 1 public holidays

The Federal Government has declared Friday, March 29, and Monday, April 1,...

Fake, unwholesome products: NAFDAC seals 10 bakeries, 8 table water factories in Rivers

The National Agency for Food and Drug Control (NAFDAC) has shut down...

Just in: Bodies of 17 slain gallant soldiers arrive at Abuja military cemetery for burial

The bodies of the 17 military personnel slain recently at Okuama, Delta...

Climate change, food security: AfDB approves $50 million for Yobe State

The African Development Bank Group (AfDB) has granted a $50 million loan...

Ex Guinea-Bissau President’s Son Jailed in U.S. for Drug Trafficking

Malam Bacai Sanha Jr, the son of a former president of Guinea-Bissau,...

Kidnappers ‘ll be treated as terrorists, they are cowards going after soft targets – Tinubu

President Bola Tinubu has called for treating those involved in kidnapping as...

Few weeks to party primary, leading Ondo APC governorship aspirant, Dr. Paul Akintelure, passes away

Dr. Paul Akintelure, a prominent candidate for governorship in Ondo State who...