CRIME: EFCC ARRAIGNS MAN OVER ALLEGED N1.5bn MONEY LAUNDERING
The Economic and Financial Crimes Commission on Tuesday arraigned a man, Bobby Williams, before the Ikeja Special Offences Court for allegedly laundering N1,594,800,000.
Williams was arraigned on four amended counts of money laundering and fraud, brought against him by the EFCC.
Prosecution counsel, Ahmed Yerima, told the court that Williams committed the alleged crimes between July and September 2022 in Lagos.
He told the court that the defendant fraudulently received N200,900,000 from one Mr Emeka Oscar under the pretence of purchasing Bitcoin units.
The prosecutor said Williams converted N483m, belonging to Morris John, Jimoh, Saka, and other victims, for personal use.
added, “The defendant stole N151m from Adegoke Daniel, also known as Adetokunbo and other victims.”
According to Yerima, the offences committed contravened Sections 332, 1(1)(a), 3(a), 280, and 297 of the Lagos State Criminal Law 2015.
However, Williams pleaded not guilty to all charges.
Earlier the defence counsel informed the court of his client’s intention to seek a plea bargain, saying, “We are in the process of a plea bargain and need more time to finalise the agreement to avoid wasting the court’s time.”
Justice Rahman Oshodi adjourned the case till December 3, 2024, for trial.
More Stories
OSAYI-SAMUEL SENT OFF IN FENERBAHCE EUROPA LEAGUE WIN
Fenerbahce kicked off their revamped Europa League campaign with a 2-1 victory over Belgian side Union Saint-Gilloise at home on...
POLICE INVESTIGATE MURDER OF 16-YEAR-OLD BOY ON FOOTBALL PITCH
The Ogun State Police Command has begun an investigation into the alleged murder of 16-year-old Jamilu Lasisi in the Ibegba...
TINUBU CELEBRATES BISHOP OYEDEPO AT 70
President Bola Tinubu has paid glowing tributes to Dr. David Oyedepo, founder of the Living Faith Church Worldwide and Presiding...
JONATHAN DENIES SACKING SANUSI OVER MISSING $49.8BN
Former President Goodluck Jonathan has denied suspending former Central Bank Governor, Dr Sanusi Lamido Sanusi, now Emir of Kano, Muhammad...
OSUN PASTOR ARRAIGNED FOR CALLING GOSPEL ARTISTE PROSTITUTE
A clergyman in Osun State, Niyi Peter, was arraigned on Thursday before a Chief Magistrate’s Court sitting in Osogbo for...
I RECEIVED $300,000 TO PAY YAHAYA BELLO’S DAUGHTERS’ SCHOOL FEES, WITNESS TELLS COURT
An Abuja-based Bureau de Change operator, Jamilu Abdullahi, has told a Federal High Court in Abuja how a former Kogi...