Breaking: Court remands PDP senator in prison

nwaoboshi.jpgSenator Peter Nwaoboshi  of the PDP has been remanded in Prison pending next hearing by a Federal High Court sitting in Lagos/ The senator’s ordeal began with an arraignment in court for money lundering and sundry other offenses by the EFCC – Nwaoboshi is alleged to have been involved in several fraudulent activities  The senator representing Delta North senatorial district at the current eight Senate was remanded at the Ikoyi Prison in Lagos state.

The senator whose name appeared on federal government’s looters’ list was arrested by the anti-graft agency recently. media reports had it that the lawmaker was detained by the EFCC before his arraignment in court on Wednesday, April 25. According to the charge sheet, Nwaoboshi is charged alongside two companies, Golden Touch Construction Projects Ltd, and Suiming Electricals Ltd on a two-count charge of money laundering. One of the charges against him alleged that the senator and Golden Touch Construction Project Ltd fraudulently acquired a property known as Guinea House situated at Marine Road, Apapa in Lagos, between May and June 2014, at a cost N805 million.  According to the charge, the defendants ought to have known that N322 million out of the purchase price formed part of the proceeds of an unlawful act under the Money Laundering (Prohibition) Act.

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