Money laundering: Atiku’s son-in-law, lawyer gets N20m bail each

A Federal High Court, today, admitted bail Atiku Abubakar’s son-in-laws, Abdullahi Babalele, Barrister Uyiekpen Giwa-Osagie, who is said to be Atiku’s lawyer and the lawyer’s Erhunse Giwa-Osagie, in the sum of N20 million with one surety each. The trio were arraigned before the court yesterday, on two separate charges, by the Economic and Financial Crimes Commission (EFCC) on money laundering charges. While the Atiku’s son-in-law was arraigned on a two count-charge of Laundering $140,000 USD, the Giwa-Osagie’s brothers were arraigned on three counts charge of Laundering $200 million USD. In…

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Alleged N1.2bn fraud: Court remands former INEC chairman, Maurice Iwu, in EFCC custody 

A Federal High Court, today, ordered the remand of former chairman of Nigeria’s Independent National Electoral Commission (INEC) Professor Maurice Mmaduakolam Iwu, in the custody of the Economic and Financial Crimes Commission (EFCC), till tomorrow, Friday, when his bail application would be heard and decided. Justice (Professor) Chuka Austine Obiozor, ordered the remand of the former Nigeria’s electoral umpire in EFCC custody, after his plea was taken on four counts money laundering charge made against him. EFCC had arraigned Iwu before the court on charges bordering on aiding and  concealment…

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