The Economic and Financial Crimes Commission (EFCC) has arraigned the Managing Director, Almond Properties Ltd., Olugbenga Obadina, in the Federal High Court, Abuja, on an eight-count charge bordering on money laundering.
The EFCC arraigned Obadina on Friday for receiving over N2.4 billion from a former National Security Adviser, retired Col. Sambo Dasuki, for electricity contracts that were never executed.
The defendant, however, pleaded not guilty to all eight counts.
The prosecuting counsel, Mr Peters Aso, urged the court to remand the defendant in […]
According to reports, the Economic and Financial Crimes Commission has arrested the Managing Director of Katakar Civil Engineering Company, Mr. Azibaola Robert, and an Executive Director of the company, Mr. Dakoru Atukpa, over a $40m pipeline contract.
The contract, it was learnt on Wednesday, was awarded by the Office of the National Security Adviser under the leadership of Col. Sambo Dasuki (retd.).
Robert, who is a cousin to former President Goodluck Jonathan, has, however, described his arrest as a witch-hunt, insisting that […]