Friday- 18th June, 2021: A Federal High Court in Lagos State on Friday discharged and acquitted Sen. Peter Nwaoboshi (Delta North) of a N322 million money laundering charge filed against him by the Economic and Financial Crimes Commission (EFCC).
According to the judge, Justice Chukwujekwu Aneke, the anti-graft agency failed to prove the elements of the offences for which it charged Nwaoboshi.
The judge also discharged Nwaoboshi’s two companies – Golden Touch Construction Project Ltd and Suiming Electrical Ltd – on the same ground.
He held, among others, that the prosecution’s case collapsed because “bank officials were not called to testify.”
Recall that the defendants were arraigned in 2018 before Justice Mohammed Idris, who was later elevated to the Court of Appeal.
They were then re-arraigned before Justice Aneke on Oct. 5, 2018.
In the 2-count charge marked FHC/L/117C/18, EFCC alleged that the defendants committed the offence between May and June 2014, in Lagos State.
Nwaoboshi was said to have purchased a property described as Guinea House, Marine Road, in Apapa Lagos.
