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

Obiano granted bail after arraignment for money laundering

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.

 

 

About The Author

Related Articles

Google Israel
NewsWorld

Google Sacks 28 Staff Protesting Over Contract with Israel

Google has sacked 28 employees for participating in demonstrations against a partnership...

Iran Israel US
NewsWorld

U.S. and UK Impose Sanctions On Iran In Response To Drone Strikes Targeting Israel

The United States and the United Kingdom have jointly announced sweeping sanctions...

EFCC Yahaya Bello Wanted
FinanceNews

Just In: EFCC Declares Yahaya Bello Wanted Over Alleged N80.2bn Fraud

The Economic and Financial Crimes Commission (EFCC) has declared the former governor...

HealthNewsWorld

Pastor Chris Oyakhilome’s Anti-Vaccine Messages Threaten Africa’s Health – BBC Finds

A famous African preacher, Pastor Chris Oyakhilome, has been spreading doubts about...