The Economic and Financial Crimes Commission is set to arraign a former
chairman of the Independent National Electoral Commission, Prof. Maurice Iwu, for alleged N1.2bn fraud and money laundering.
Iwu will be arraigned at a Federal High Court sitting in Lagos on four counts bordering on money laundering.
The EFCC acting spokesperson, Tony Orilade, confirmed the planned arraignment on Wednesday, but he did not disclose when the former INEC chairman would appear in court.
Iwu was alleged to have, between December 2014 and March 2015, concealed N1.2bn in the bank account of Bioresources Institute of Nigeria Ltd domiciled in the United Bank for Africa Plc.
The money was believed to be part of the N23.29b slush fund allegedly shared by former petroleum minister, Diezani Allison-Madueke, to influence the outcome of the 2015 presidential elections.
Iwu was fingered as one of the beneficiaries of the fund, including some INEC officials who are facing trial.
An umbrella organisation for over 150 anti-graft groups, the Civil Society Network Against Corruption, had earlier asked the EFCC to investigate and prosecute the ex-INEC boss, Resident Electoral Commissioners and Administrative Secretaries who took bribes during the 2015 general polls.
Subscribe to:
Post Comments (Atom)
All Eyes On MaryGold Over Attempts To Break Guinness World Record With 100-Hour TV Talk Show
Mariam Amuda, populary known as MaryGold, a Nigerian Media Practioner has concluded Plans to break Guinness World Record with a Non-stop 100...

-
"May God Forgive me for my sins", says a UTH Nurse"
-
Mariam Amuda, populary known as MaryGold, a Nigerian Media Practioner has concluded Plans to break Guinness World Record with a Non-stop 100...
-
The National Broadcasting Commission, on Friday, directed 52 broadcast outfits, including the African Independent Television, Silverbird Tel...
No comments:
Post a Comment