Edo APC candidate, Ize-Iyamu Appears In Court Today over N700m money laundering case
Pastor Osagie Ize-Iyamu, the candidate of the All Progressives Congress (APC) in the September 19 gubernatorial election in Edo State, is billed to appear in Court on Tuesday July 14.
Ize-Iyamu is to face the 8-count charge of money laundering to the tune of N700m preferred against him by the Economic and Financial Crimes Commission (EFCC).
A Federal High Court in Benin City, had on Tuesday, July 2, adjourned the matter to July 14, 2020 due to the absence of the lead defendant, Ize-Iyamu, who was said to be indisposed.
The Presiding Judge, Justice Mohammed Garba, had earlier validated the charges against Ize-Iyamu.
Ize-Iyamu is the first defendant in the suit No. FHC/BE21C/ 2016 filed by the EFCC, accusing the defendants of conspiring among themselves to commit the offence in March 2015, alleging that they took possession and control of the funds without any contract award.
Add 0802 030 1137 to receive SKYTREND NEWS alerts on whatsApp;
For adverts enquiries, call or whatsapp 0802 030 1137,
Send Articles & News Stories To editor@skytrendnews.com.
READ ALSO! Skytrend Consulting: Financial services and accounting solutions company
READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu
READ ALSO! For failing to give out ‘adequate loans’, 12 banks fined N499bn
READ ALSO! Nigerian Central Bank Approves Disbursement Of Loans For Creative Industries At 9%
READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds
READ ALSO! Is N-Power Truly Empowering Nigerian Youths?
READ ALSO! TraderMoni: Poverty Alleviation Or Political Leverage?