It said proceedings would continue despite the appeal filed by the defendant.
Browsing: Money laundering
Mamman, whose plea was fixed for Thursday morning, collapsed outside the courtroom before the case was called.
Nwabuoku and his co-defendant, Felix Nweke are facing the 11-count money laundering charge preferred against them by the Economic and Financial Crime Commission.
Minister of Aviation and Aerospace Development, Festus Keyamo, levelled the accusation on Thursday in Abuja.
Delivering judgment, Justice Liman held that the prosecution failed to discharge the burden of proof placed on it by the provisions of the law.
Justice James Omotosho adjourned the matter for trial continuation after the EFCC’s witness, Olom Otane Egoro, an Access Bank staff, was cross-examined by the defence counsel.
The FIU made this disclosure in a statement on its website on Thursday.
Others arraigned alongside Echefu before Justice Inyang Ekwo of a Federal High Court, Abua include the Executive Director of TStv, Felix Igboanuga; TStv and Briechberg Investment Ltd as 2nd to 4th defendants respectively.
This followed the adoption of the report of the investigation of the ad-hoc committee set up by the House, led by Henry Zacharia.
Justice Folashade Ogunbanjo gave the date after counsel for the parties argued their case for and against.
Lanre Gbajabiamila, the Director-General of the National Lottery Regulatory Commission, has proposed the establishment of an Africa Gaming Regulators Association to address money laundering and terrorism financing in Africa.
This was part of recommendations adopted at the end of the weeklong 31st Meeting of Heads of National Drug Law Enforcement Agencies, Africa (HONLAF) in Abuja on Friday 29th September.
A former Delta State Governor James Ibori, is embroiled in a fresh legal tussle, as a United Kingdom (UK) South wark Crown Court is set to order the seizure of over 100 million pounds ($129 million) traced to him.
Justice Emeka Nwite, in a ruling, dismissed the preliminary objection raised by the AGF, challenging the Court’s jurisdiction to hear the case.
Mompha was not present during Monday’s proceedings.
The anti-graft agency made the declaration in publications on its website and national newspapers in Nigeria.
The case, which was initially fixed for continuation of trial Thursday, could not go on, while a new date was expected to be issued to parties.
In a judgment Friday by a three-member panel of the court unanimously affirmed the November 8, 2021 judgment delivered by Justice Okong Abang of the Federal High Court, Abuja, which convicted and subsequently sentenced Maina.
Ojerinde is being arraigned alongside his four children; Mary Funmilola, Olumide Abiodun, Adedayo and Oluwaseun Adeniyi, by the Independent Corrupt Practices and other related offences Commission (ICPC) before Justice Inyang Ekwo.
Justice James Omotosho, who gave the warning, said if Keyamo was not ready to diligently prosecute the case, the suit would be struck out in the next adjourned date.