Friday, March 2, 2012

MONEY LAUNDERING: EFCC arraigns Lagos Speaker

Mr Adeyemi Ikuforiji
The Speaker of the Lagos State House of Assembly, Mr Adeyemi Ikuforiji, was, yesterday, arraigned before a Federal High Court sitting in Lagos alongside his Personal Assistant, by Economic and Financial Crimes Commission, EFCC, on an amended 20 count charge of money laundering. 
It was gathered the EFCC alleged that between April 2010 and July 2011, the accused conspired to illegally accept various cash payments from the House of Assembly without going through a financial institution.
The accused, who pleaded not guilty to all the counts, were granted bail shortly after taking their plea.
The Speaker was granted bail on personal recognition.

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