Report has it that the Economic and Financial Crimes Commission (EFCC) is planning on arraigning Mr. Uyiekpen Giwa-Osagie, Former Vice President Atiku Abubakar’s lawyer, for allegedly laundering $2million.
The anti-graft alleges that Giwa-Osagie moved the huge cash during the build-up of the 2019 general elections without going through financial institution.
The EFCC alleged that Giwa-Osagie and his brother, Erhunse, conspired to make cash payments to the tune of $2million on February 12, 2019, without going through a financial institution.
The anti-graft further noted that the amount exceeded the maximum amount allowed to be moved by law. Consequently, the EFCC through its lawyer, Rotimi Oyedepo, says that the duo acted contrary to Sections 18(a) and 1(a) of the Money Laundering (Prohibition) Act 2011, which is punishable under Section 16(2)(b).
Jonathan Dennis is an Editor at Naija Buzz News Network. He oversees the production and publication of stories on NaijaBuzz.News and on Naija Buzz News TV. The former banker left his banking job to join Naija Buzz News in 2019. He was briefly the head of the “Wetin Dey Happen” news team. Jonathan is a proud ‘Akwa-Ibomite’ from Akwa Ibom State, South-South Nigeria.