Stella Oduah
BreakingCrimeTop StoryTrending Story

Update: Ex-Minister Oduah, eight others docked for alleged laundering of N7.9bn

1.4k

A former Aviation Minister, Sen. Stella Oduah, was finally on Friday arraigned in court by the Economic and Financial Crimes Commission (EFCC) after three years of delaying her prosecution.

Oduah and eight others are facing a 25- count charge before a Federal High Court in Abuja.

The former minister, who served from 2011 to 2014 in the ex-President Goodluck Jonathan administration, is being prosecuted over an alleged laundering of public funds to the tune of N7.9 billion.

Persecondnews reports that the defendants, however, entered a “not guilty” plea.

Oduah, who represented Anambra North in the Senate and her aide were accused by the anti-graft agency for transferring the sum of N1,629,250,000.00 from I-Sec Security Nig. Ltd account No. 2021756955 with First Bank Plc to Global Offshore and Marine Ltd. account No. 2022977296 also domiciled with First Bank, on February 24.

The defendants were also accused of running “anonymous Private Banking Nominee Account No. 2024414450 with First Bank Plc and thereby committed an offence contrary to Section 11(1) of the Money Laundering (Prohibition) Act 2011 (As Amended) and punishable under Section 11(4) (a) of the same Act.”

The were also indicted for opening a Dollar account “anonymous Private Banking Nominee Account No. 2024414450 with First Bank Plc and thereby committed an offence contrary to Section 11(1) of the Money Laundering (Prohibition) Act 2011 (As Amended) and punishable under Section 11(4) (a) of the same Act.”

Justice Inyang Ekwo, who is trying the case, ordered the EGCC to transfer the case file to the office of the Attorney General of the Federation for a “meticulous prosecution” of the defendants

The case has been adjourned until October 17 for trial.

Leave a comment

Related Articles

Tinubu in Abu Dhabi for Sustainability Summit, Strengthens Nigeria-UAE Ties

President Bola Tinubu arrived in Abu Dhabi on Sunday night to attend...

Tinubu Orders Full-Scale Hunt for Terrorists Behind Kasuwan Daji Massacre

President Bola Ahmed Tinubu has condemned the “barbaric” attack on Kasuwan Daji...

NDLEA Nabs 22 Indians in Cocaine Bust, Seizes Illicit Drugs Hidden in Coffee Sachets

In a series of successful counter-narcotics operations, the National Drug Law Enforcement...

Just In: Detained Malami, son, wife not yet off the hooks, bail deferred to Jan. 7

The hopes of former Attorney-General Abubakar Malami and his family to celebrate...

Just in: New Year Gesture: Akpabio Withdraws Suits Against Natasha, Others

Inspired by a New Year’s message on forgiveness, Senate President Godswill Akpabio...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

Tinubu’s New Year Vow: More Reforms, Safer Nigeria

President Bola Tinubu has declared that Nigeria is entering a “robust phase”...

Super Eagles Clinch Top Spot With 3-1 Victory Over Uganda

Nigeria’s Super Eagles wrapped up their AFCON 2025 group stage campaign with...

No Going Back: New Tax Laws Will Commence on January 1, 2026 – Pres. Tinubu

In a State House statement issued on Tuesday, the Presidency said all...

Just in: Ex-Justice Minister Malami, son, wife remanded at Kuje prison pending bail

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN),...

Governors, British Envoy Visit Anthony Joshua in Lagos Hospital After Fatal Crash

British Deputy Head of Mission, Simon Field, visited world heavyweight champion Anthony...

Nigeria’s Economy Remains Stable Amidst Counterterrorism Operation – Finance Minister Edun

Nigeria’s financial markets are holding strong despite the recent joint counterterrorism operation...

Nationwide Blackout: Nigeria’s National Grid Fails Again

Nigeria was plunged into darkness on Monday following yet another collapse of...

Anthony Joshua Survives Road Crash in Ogun, Two Feared Dead

World-renowned British-Nigerian boxer Anthony Joshua was involved in a serious road accident...

Air Peace CEO Sounds Alarm Over Jan. 1 New Tax Law, May Push Ticket Prices Above ₦1m

Nigeria’s aviation sector is on the brink of collapse as new tax...

Ex-Convict, 3 Others Caught with UK-Bound Cocaine in Liquid Starch Sachets at Lagos Airport

A convicted drug trafficker, Nwobodo Chidiebere Basil, is back in NDLEA custody...

Breaking: AFCON 2025: Nigeria Stun Tunisia 3-2, Secure Round of 16 Spot

Nigeria has secured a spot in the Round of 16 at the...

Security Boost: FG Deploys 7,000 Forest Guards in 7-State Pilot Programme

The Federal Government says it is deploying 7,000 newly trained forest guards...

SGF George Akume Ties the Knot with Ooni’s Ex-Queen Zaynab

Sen. George Akume, the Secretary to the Government of the Federation (SGF),...

Alleged Alteration: NASS to Re-gazzette Tax Laws, Says Reps Spokesperson

The National Assembly has directed its Clerk to re-gazette the nation’s tax...