The Supreme Court has upturned the conviction of Senator Peter Nwaoboshi and his sentencing to seven years imprisonment for offences of fraud and money laundering.

The apex court ordered his immediate release from Ikoyi prisons in Lagos, where he is currently being held.

In a lead judgment by Justice Emmanuel Agim, the apex court held that Nwaobishi and the two companies were unjustly and maliciously prosecuted by the EFCC for committing no offences known to law, and subjected them to criminal trial in relation civil transaction, needlessly.

The Supreme Court has upturned the conviction of Senator Peter Nwaoboshi and his sentencing to seven years imprisonment for offences of fraud and money laundering.

The apex court ordered the immediate release of Nwaoboshi, who represented Delta North in the ninth Senate, from Ikoyi prisons in Lagos, where he is currently being held.

Delivering Judgement, the court also freed the two companies – Golden Touch Construction Project Ltd and Suiming Electrical Ltd – tried with him on a two-count charge brought against them by the Economic and Financial Crimes Commission (EFCC).

In a split decision of four-to-one, the Supreme Court set aside the July 1, 2022 judgment of the Court of Appeal, Lagos, which had reversed their discharge and acquittal by a Federal High Court in Lagos.

In a lead judgment by Justice Emmanuel Agim, the apex court held that Nwaobishi and the two companies were unjustly and maliciously prosecuted by the EFCC for committing no offences known to the law, and subjected them to a criminal trial in relation to a civil transaction, needlessly.

The EFCC had accused Nwaoboshi and his companies of illegally acquiring a property named Guinea House on Marine Road, in Apapa, Lagos, for N805 million, the property said to belong to the Delta State Govt.

They had claimed that part of the money paid for the property was transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd, adding the funds are believed to be proceeds of their illicit activities.

fergie001:
A follow-up to:
"Senator Peter Nwaoboshi Has 20 Bank Accounts In 6 Banks"

Senator Peter Nwaoboshi Arrested, Detained By EFCC

Appeal Court Jails Senator Peter Nwaoboshi For 7 Years For Money Laundering



SOURCE

Badb0y4lyf:
Lol EFCC is a yahoo and fraud related offenses commission let them focus on this not wasting tax payers money trying to prosecute this corrupt politician.

ursullalinda:
Why won't politicians keep stealing.... when they know Justice is for sale... God pls I want Nigeria to work ... I no wan japa