Anti-corruption and elections / EFCC
EFCC Arraigns Ex-INEC Chair, Maurice Iwu for Alleged N1.2bn Fraud
The Economic and Financial Crimes Commission, EFCC, on Thursday, August 8, 2019, arraigned a former Chairman of the Independent National Electoral Commission, INEC, Prof. Maurice Iwu, before Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos on a four-count charge bordering on money laundering to the tune of N1, 203,000,000 (One Billion, Two Hundred and Three Million Naira). Iwu, between December 2014 and March 2015, allegedly aided the concealment of the sum of N1, 203, 00,000.00(One Billion, Two Hundred and Three Million Naira) in Bioresources Institute of Nigeria (BION)…
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