Money Laundering: Gov Lamido’s Son Convicted!

The Economic and Financial Crimes Commission on Friday added to the number of convictions it has secured as Aminu, son of Jigawa State Governor, Alhaji Sule Lamido, was convicted by Justice Fatu Riman of the Federal High Court, Kano. Aminu Sule Lamido who faced money laundering charges was ordered by the court to forfeit 25 % of the undeclared sum of $40,000 found on him last December on his way to Cairo.

Out of the $50,000 in his possession, the Governor’s son declared only $ 10,000 to the officers of the Nigerian Customs Service.He was subsequently dragged to court by the EFCC.

The charge against the accused reads: “that you Aminu Sule Lamido on or about 11th day of December, 2012 at the Mallam Aminu International Airport, Kano within the Jurisdiction of the Federal High Court while transporting in cash, the sum of $50,000 (Fifty Thousand Dollars Only) from Nigeria to Cairo, Egypt, falsely declare to the Nigerian Customs the sum of $10,000 (Ten Thousand Dollars Only) instead of the said sum of $50,000 (Fifty Thousand Dollars Only) as required under Section 12 of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act Cap F34 Laws of the Federation of Nigeria 2004 and Section 2(3) of the Money Laundering (Prohibition) Act, 2011 and thereby committed an offence punishable under section 2(5) of the Money Laundering (Prohibition) Act 2011”.

Though Aminu would not be serving any jail term, Justice Riman based the verdict on the fact that the defence had proved its case beyond reasonable doubt.

 

Author: NewsAdmin

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