Anti-corruption and elections / EFCC

EFCC Arraigns Lawyer for N38.8m Money Laundering Offence

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, January 11, 2019, arraigned one Folawunmi Awonusi before Justice P. I. Ajoku of the Federal High Court sitting in Ibadan, Oyo State on a two-count charge bordering on money laundering to the tune of N38, 800, 000 (Thirty Eight Million, Eight Hundred Thousand Naira) only. The defendant, who is a legal practitioner, was said to have allegedly made cash payments of the sum of money in tranches of N22, 300, 000 and N16, 500, 000 to one Olakanye Olalekan. The offence is contrary to Sections 1(a) and 16(d) of the Mone…