Home News Finance Obiano granted bail after arraignment for money laundering
FinanceNewsPolitics

Obiano granted bail after arraignment for money laundering

757

Federal High Court sitting in Abuja has granted bail to the former Anambra State Governor, Willie Obiano after being arraigned by the Economic and Financial Crimes Commission, EFCC, over allegations of money laundering.

Obiano who appeared before Justice Inyang Ekwo, on Wednesday, 24, January pleaded not guilty to the nine-count charge leveled against him by the EFCC. 

During the hearing, the EFCC’s attorney, Sylvanus Tahir asked the court not to grant him bail until the trial began; however, Onyinyechi Ikpeazu, counsel to Obiano, prayed the court to grant his client bail.

In his ruling, Justice Ekwo decided that the defendant be granted bail based on the administrative terms the EFCC had set. He said the defendant’s international passport should be submitted to the court within 10 days and further instructed the court registrar to notify immigration authorities of his passport transfer. 

The case was adjourned to March 4 for commencement of trial. The ex governor is standing trial following an accusation by the Anambra All Progressives Congress of “fraudulently” using the state’s security vote.

 Read more: Algeria Becomes the Third Country To Sack Coach After AFCON 2023 Exit

 

About The Author

Related Articles

NewsSecurityWorld

U.S.-Brokered Congo–Rwanda Deal Sparks Accusations of Resource Grab and Neo-Colonial Control

The recent diplomatic agreement brokered by the United States between the Democratic...

NewsPoliticsWorld

Tinubu Expands Ambassadorial List to 65 Nominees Amid Growing Debate

President Bola Tinubu has sent a new, expanded ambassadorial list to the...

NewsSecurityTravel

Yuletide Airfare Surge: Domestic Flights in Nigeria Break N300,000 Amid Security and Economic Pressures

As Nigerians prepare for the holiday season, airfares on key domestic routes...

PoliticsSecurityWorld

U.S. Pushes PR Propaganda Through Skit Makers in Nigeria While Lining Up Military Invasion

The United States is warning of possible military action in Nigeria, while...