Article: Court acquits Nwaoboshi of N322m money laundering charge

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Court acquits Nwaoboshi of N322m money laundering charge

Joseph Onyekwere, 19 June 2021

Justice Chukwujekwu Aneke of the Federal High Court sitting in Lagos, yesterday, discharged and acquitted a Peoples Democratic Party (PDP) chieftain, Senator Peter Nwaoboshi, of the N322 million money laundering charge levelled against him by the Economic and Financial Crimes Commission (EFCC).

The judge held that the case of the prosecution collapsed when it failed to call vital witnesses and provide concrete evidence to prove and establish its allegations.

Nwaoboshi, a senator, representing Delta North, was arraigned in 2018 by the EFCC on two counts of money laundering.

Also charged were two companies named Golden Touch Construction Project Ltd. and Suiming Electrical Ltd.

He had pleaded not guilty to the charges and was granted bail.

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