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Wednesday, July 08, 2015

Money Laundering: EFCC docks Ohakim, Nyako and Son,


The Economic and Financial Crimes Commission, EFCC, on Wednesday, July 8, 2015 arraigned two former state governors, Ikedi Ohakim of Imo State and Murtala Nyako of Adamawa State, before the Federal High Court, Abuja on charges bordering on corruption, abuse of office and money laundering, reports ITRealms.

Also, Nyako’s son, Abdul-Aziz, a serving senator, ITRealms gathered was docked alongside his father before Justice E. Chukwu of the Federal High Court, Abuja, on a 37 count charge bordering on criminal conspiracy, stealing, abuse of office and money laundering.

A press statement made available to ITRealms, Nyako and son in the company of Abubakar Aliyu and Zulkifikk Abba were charged over alleged various transactions conducted between 2011 and 2013 used five companies namely Blue Opal Nigeria limited, Serore Farms & Extension Limited, Pagoda Fortunes Limited, Towers Assets Management Limited and Crust Energy Limited to siphon over N15 billion from the Adamawa State coffers.

ITRealms reports that the arraignment came a few days after a Federal High Court sitting in Abuja declined to restrain the EFCC from arresting Nyako to stand trial for money laundering offences. Nyako was arrested and quizzed by the anti-graft agency June 1, 2015 shortly after he returned to the country from self-exile.  He had gone on self-exile after he was declared wanted by the EFCC on February 4, 2015.

One of the counts reads: “That you Murtala H. Nyako, Abdulaziz Nyako, Zulkfikik Abba, Abubakar Aliyu, Blue Opal Limited, Sebore Farms & Extension Limited, Pagoda Fortunes Limited, Tower Assets Management Limited and Crust Energy Limited between January and December 2013 within the jurisdiction of this Honourable Court did disguise the genuine origin of an aggregate sum of N6,366,280,000 (Six Billion, Three Hundred and Sixty-Six Million, Two Hundred and Eighty Thousand Naira), which sums you reasonably ought to have known to be proceeds of an unlawful act, to wit; moneys derived from the theft of Adamawa State Government’s funds.”

They pleaded not guilty when the 37 count charges were read to them.
Following their plea, counsel to EFCC, Aliyu Yusuf, asked the court for a date for commencement of trial, and to remand the accused persons in prison custody. He also notified the court that one of its witnesses was in court.

However, defence counsel, Kanu Agabi, SAN, urged the court for an adjournment in order for it to properly go through the charges, as it was served rather late by the prosecution.

Yusuf, thereafter, requested that the accused persons be remanded in prison custody. This was however, opposed by the defence counsel, who told the court that while a bail application for the accused persons had been filed, it would be proper for the accused persons to be held in EFCC custody.

Justice Chukwu thereafter adjourned to July 10, 2015 for hearing on the bail application, and ordered that the accused persons be remanded in EFCC custody.

 Similarly, Justice Ademola Adeniyi of the Federal High Court Abuja has adjourned till tomorrow July 9, hearing on the bail application of former Imo state governor, Ikedi Ohakim after he pleaded not guilty to a 3-count charge of money laundering. He was however remanded in EFCC custody.

The accused, who was arrested by operatives of the EFCC on Tuesday, July 7, 2015,  is being prosecuted , among other things, for making a cash payment to the tune of $2, 290,000.00 ( about N270,000,000.00) , for the purchase of a property at Plot No. 1098 Cadastral Zone A04, Asokoro District, otherwise known as No.60, Kwame Nkurumah Street, Asokoro, Abuja.

The amount is above the threshold approved for an individual going by the provisions of Section 1 of the Money Laundering (Prohibition) Act 2004.

He is also accused of deliberately neglecting to disclose all his assets in the declaration submitted to the Commission.

Count three of the charge reads:  “That you, Ikedi Ohakim, on or about the 26th of January, 2013 in Abuja within the jurisdiction of the Federal High Court, while under arrest for an offence under the Economic and Financial Crimes Commission Establishment Act, 2004 knowingly failed to make a full disclosure of your assets by not declaring your ownership of the property known and described as Plot No. 1098 Cadastral Zone A04, Asokoro District- it is also known as No.60, Kwame Nkurumah Street, Asokoro, Abuja and thereby committed an offence contrary to Section 27(3)(c) of the Economic and Financial Crimes Commission Establishment Act, 2004 and punishable under the same section”.

Though the accused pleaded not guilty to all the charges, the prosecution counsel, Festus Keyamo, had prayed the court to remand the accused person in prison custody pending trial, which was accepted by Justice Adeniyi who ordered the accused to be remanded in the EFCC Custody and adjourned hearing on the bail application to tomorrow, Thursday, July 9, 2015.

Ayo Aramide  +Remmy Nweke (ITRealms) 

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