Breaking: Arrested Senator Remand in Prison
A Federal High Court in Lagos on Wednesday remanded a People’s Democratic Party’s Senator, Peter Nwaoboshi, in Ikoyi Prison pending ruling on his bail application.
The Delta senator will remain behind bars until April 27, the court ruled.
Nwaoboshi appeared before the court on an N805 million fraud charge by the Economic and Financial Crimes Commission (EFCC).
The senator representing Delta North was arraigned on two counts of money laundering and fraud alongside two companies — Golden Touch Construction Project Ltd and Suiming Electrical Ltd. The offences contravened the provisions of sections 15(2), (d), 15 (3) and 18(a) of the Money Laundering (Prohibition) Act 201. The EFCC alleged that the accused committed the offences between May and June 2014 in Lagos.
He pleaded not guilty to the charges.
Arguing his bail application before the court, the defence counsel, Dr V. J. O. Azinge (SAN), urged the court to grant the accused bail on self-recognizance as a senator of the Federal Republic of Nigeria.
But the EFCC Prosecutor, Mr M. S. Abubakar, opposed the application and urged the court to refuse bail and order the remand of the accused. Justice Idris consequently ordered that the accused should be remanded in Ikoyi Prison pending the determination of his bail.
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