Chinyere Igwe
Trending Story

14 days after arrest, Rep.Igwe arraigned for alleged $498,100 money laundering

194

About 14 days after his arrest, a member of the House of Representatives for Port Harcourt City Local Government Constituency II, Chinyere Igwe, was on Wednesday arraigned at a Federal High Court in Port Harcourt, Rivers State for alleged money laundering.

Persecondnews recalls that Igwe was arrested with 498,100 dollars during a stop-and-search by the police about 2:45 am on February 24, 2023 ahead of the presidential/parliamentary polls.

The police said the suspect was apprehended close to the headquarters of the Independent National Electoral Commission (INEC) with a list for the distribution of the money.

At the arraignment of the defendant at Court 4, the Prosecution said the accused had in his possession and failed to make a report to the Central Bank of Nigeria and did not declare its transportation to the Nigerian Customs Service the amount.

The offence contravened Sections 1 (a), (1) (2) (3) of the Money Laundering (prohibition) Act, 2011 and punishable under Section 2 (5) of same Act.

Igwe pleaded not guilty to the charge and his lawyer applied for a bail application with the police raising objections.

Justice Stephen Daylop-Pam, after listening to the arguments and submissions adjourned untill March 14, 2023 for hearing of the bail application.

He directed that the accused be sent to Nigerian Police Clinic for attention on a medical report about his health.

 

Leave a comment

Related Articles

Tinubu, Abiodun, Sanwo-Olu, others extol Pastor Tunde Bakare at 70

Pastor Tunde Bakare, the founder of Citadel Global Community Church, is a...

Emirship crisis: Kano govt. allocates N99.9m for Nassarawa mini-palace renovation

In response to the court’s order reinstating him, the Kano State Government...

Nigeria’s foreign exchange reserves up by 5 percent to $33.58bln

Nigeria’s foreign exchange (FX) reserves have increased by five percent in the...

Billionaire philanthropist Tony Elumelu mulls buying NPFL team

As part of his corporate social responsibility, billionaire banker and philanthropist Tony...

Terry G speaks on Davido, Wizkid, and Burna Boy rivalries, faces backlash from fans

Nigerian music sensation Terry G, also known as the Apako master, has...

Dani Alves pays €1m bail, set to leave Spanish jail

Former Brazil and Barcelona star Dani Alves, convicted of rape in Spain,...

World TB Day: 70 percent of TB cases in Africa now being diagnosed and treated – WHO

The World Health Organization (WHO) has disclosed that about 70 percent of...

13th AAG: Tobi Amusan wins gold in women’s 100m hurdles

The Nigerian sprint star, Tobi Amusan, won gold in the women’s 100m...

FG approves N12.7bln for mass metering of army barracks nationwide

The Federal Government says it has released N12.7 billion to provide electricity...

Women’s Day: Tinubu felicitates women, vows to prioritise their welfare, rights

President Bola Tinubu has promised to prioritize the welfare of women, protect...

All African Games: Nigeria’s Flying Eagles start their campaign on a losing note

The Flying Eagles of Nigeria started their campaign in the men’s football...

EFCC sets up task force to combat dollarization of economy, mutilation of naira

The Economic and Financial Crimes Commission (EFCC) has announced the setting up...

How Bafarawa diverted N4.6bln from ex-NSA for prayers, election, acquire luxury vehicles

A startling revelation has been made about how a former governor of...

CBN redeploys 1,500 staff to Lagos

The Central Bank of Nigeria (CBN) says it has redeployed 1,500 staff...

AFCON: Pres. Tinubu says unimpressed with Super Eagles’ performance

President Bola Tinubu has expressed his displeasure over the performance of the...

I’ve not met a man kind enough to marry —Ini Edo

In a candid revelation, renowned actress, Ini Edo, has hinted about the...

Ogun CP visits shot Nollywood actor, Ijaduade, vows to punish trigger-happy cop

Nollywood actor and Director, Azeez Ijaduade, who was shot “accidentally” by a...

Breaking: Actor, Azeez Ijaduade, allegedly shot by policeman in Ogun

In a shocking incident that has sent shock waves to Yoruba section...

Fast and furious actor, Vin Diesel, accused of sexual assault

Vin Diesel, known for his role in the Fast & Furious Series,...

Anyone asking for money this festive season lacks conscience, fear God – Comedian AY

Amid Nigeria’s challenging economic downturn, renowned comedian, Ayo Makun, popularly known as...