Saturday, October 31, 2020

Nigeria: Paul Usoro, NBA president’s money laundering trial adjourned till May 10


A Federal High Court sitting in Lagos, Southwest Nigeria has adjourned till May 10 hearing of all pending applications filed by counsel representing the Nigerian Bar Association, NBA President, Paul Usoro.

Lawyer representing Akwa-Ibom officials against whom Bench warrant was issued by the court, Chief Mike Ozekhome (SAN) said EFCC just filed its counter-affidavit to his client’s motion seeking an order vacating the warrant.

He disclosed that the EFCC’s counter which was filed out-of-time contained series of allegations against his clients which required his response.

Faulting Ozekhome’s claims, EFCC’s lawyer, Rotimi Oyedepo, argued that the proceedings were being regulated by the ACJA and that in the nation’s criminal jurisprudence, there was no law, except specific direction of court, that compelled a party to file a written address.

- Advertisement -

In his own submissions, the lawyer representing Governor Udom Emmanuel of Akwa-Ibom State, Dr. Charles Mekwunye, also informed the court that he was served with EFCC’s counter-affidavit to his motion challenging the court’s jurisdiction on Monday. He sought for time to file his response to the counter.

Usoro’s lawyer, Chief Wole Olanipekun (SAN) had earlier intimated the court about a motion dated 3rd April, 2019, seeking the permanent release of his client’s passport to allow him attend to his foreign engagements.

While urging the court to grant the motion, he said it has been carefully worded in line with the circumstance of the case.

He also allayed fears about the possibility of the NBA president unavailability for his trial, saying in case of any clash between trial date and his travel date, the trial date would prevail.

- Advertisement -

Responding to the motion, Oyedepo said he would not be opposing the granting of the motion by the court based on Olanipekun’s undertaken that the trial date ws sacrosanct.


Actress Lori Loughlin begins 2-month prison sentence for role in college admissions scam

Actress Lori Loughlin reported to a federal prison in Northern California on Friday to start a two-month sentence for her role in a massive...

FirstEnergy fires CEO, other executives over Ohio bribery scandal

FirstEnergy Corp. has fired its CEO amid multiple federal investigations related to an Ohio nuclear bailout law passed year. The Akron-based utility company announced in a...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

Nigerian court declines to issue international arrest warrant for fugitive ex-Petroleum Minister in corruption case

The Abuja Division of the Federal High Court, on Wednesday, refused an application by the Economic and Financial Crimes Commission, EFCC, for an arrest...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World


Latest News

This Week

Two U.S. Navy service members get prison for defrauding military insurance program

Two U.S. Navy service members were sentenced in San Diego federal court Friday for their roles in an insurance fraud scheme that involved making false medical claims to...

Lodi City Council candidate arrested for laundering money through gambling

A Lodi City Council candidate and Stockton business owner was arrested Wednesday afternoon on suspicion of money laundering, along with other criminal charges, the...

Former solicitors used 60 fake identities, homeless people to defraud banks

A married couple who are former solicitors created 60 false identities, donned disguises and paid homeless people for their PPS numbers in order to...

Macau to sign agreement with World Bank Group over money laundering risk assessment

Secretary for Security Wong Sio Chak was granted powers by the Chief executive to sign a Reimbursable Advisory Services Agreement Concerning Risk Assessment of...

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks