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BREAKING: Court jails Nigerian Senator for seven years

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Lagos Division of the Court of Appeal today July 1, 2022 convicted and sentenced Senator Peter Nwaoboshi, senator representing Delta North Senatorial District at the National Assembly, to 7 years imprisonment.


The appellate court also ordered that the two companies, Golden Touch Construction Project Ltd and Suiming Electrical Ltd, of the convict be wound up in line with the provisions of Section 22 of the Money Laundering Prohibition Act 2021.

The appellate court’s verdict was sequel to the appeal by the Economic and Financial Crimes Commission (EFCC), challenging the judgment of Justice Chukwujekwu Aneke of the Federal High Court which on June 18, 2021 discharged and acquitted the defendants of a two count charge of fraud and money laundering.

EFCC had arraigned the three defendants over the acquisition of a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million. Part of the money paid to the vendor, precisely a sum of N322 million transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd , was alleged to be part of proceeds of fraud. Continue Reading

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