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Alleged N177.3m Money Laundering: 3 INEC Staff Arraigned, Remanded in Ikoyi Prison


Three staff of the Independent National Electoral Commission (INEC), have been remanded in prison following their arraignment in a Federal High Court, Ikoyi, Lagos, Wednesday.
They are Gbadegun Abiodun, Oladipo Oladapo and Afolabi Albert.
They were arraigned before Justice Chuka Obiozor on a five-count charge bordering on conspiracy and money laundering to the tune of N177.3m
The defendants, who are staff of INEC, Osun State, were alleged to have conspired amongst themselves to receive a cash payment of N177.3m from a former Minister of Petroleum Resources, Diezani Alison-Madueke, on the eve of the 2015 general election, without going through a financial institution.
One of the counts reads: “That you, Gbadegun Isaiah Abiodun, Oladipo Oladapo and Afolabi Peter Albert and others at large, on or about the 30th day of March 2015 in Nigeria, within the jurisdiction of this Honourable Court, conspired amongst yourselves to accept a cash payment of the sum of N177,300,000( One Hundred and Seventy- seven Million, Three Hundred Thousand Naira Only), which exceeded the N5,000,000.00( Five Million Naira) Limit, without going through a financial institution, contrary to Section 18 and punishable under Section 16(2) of the Money Laundering Prohibition Act 2011 (as amended by the Act NO.1 2012 ).”
The defendants pleaded not guilty to the charge preferred against them.
In view of their pleas, the prosecution counsel, Iheanacho Ekele, asked the court for a trial date and prayed that the defendants be remanded in prison custody.
The counsel to the defendants, Dapo Esan, informed the court of application for bail and prayed the court for a short adjournment to argue the application.
He also urged the court to remand the defendants in EFCC custody on the grounds of ill-health.
Consequently, Justice Obiozor adjourned the case to August 7 for hearing of the bail application and ordered the defendants to be remanded in Ikoyi prison.


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