Court sentences man to seven years for N2 billion money laundering
Federal High Court orders prison service after re-arrest following failed bail attendance.
A Federal High Court in Nigeria has sentenced a man to seven years in prison for money laundering linked to an N2 billion case after he was re-arrested.
The Economic and Financial Crimes Commission (EFCC) moved an ex parte application seeking leave to enforce an earlier judgment delivered on October 7, 2021, and the court granted the request. The court ordered the man be committed to a correctional centre to serve the sentence.
The EFCC had alleged money laundering and failure to make full disclosure in an asset declaration form, bringing three counts before the Abuja Division of the Federal High Court.
After taking his plea in 2019, the accused jumped bail and did not attend his trial. Justice Okon Abang proceeded in his absence and convicted him, sentencing him to five years on counts one and three, and 14 years on count two, with all counts set to run concurrently. The judge ordered that he be arrested wherever he was found.
The State Security Service re-arrested the man on October 14, and he was handed over to the EFCC. The EFCC then sought an enforcement order to issue a warrant to commit the convict to prison, and to direct that he serve the terms from October 14, 2026.
In granting the application, the judge set out the adjusted concurrent terms based on a Court of Appeal decision dated November 24, 2022: three years for count one, seven years for count two, and three years for count three, all running concurrently from October 14, the re-arrest date.
The latest status is that the man has been sentenced and enforcement has been ordered, with the warrant directing his prison service from the re-arrest date.
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Source:
Peoples Gazette Nigeria