EFCC arraigns ex-Kwara finance commissioner for money laundering

The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned a former Commissioner for Finance in Kwara State, Ademola Banu, for alleged N411million money laundering.

Mr Banu held the position throughout the eight years of the administration of former Governor Abdulfatah Ahmed.

In a statement signed by its acting spokesperson, Tony Orilade, EFCC said Mr Banu was arraigned alongside Travel Messenger Company Limited and one Olarewaju Adeniyi, on nine counts before Justice Babangana Ashigar of the Federal High Court, Ilorin, Kwara State

The anti-graft agency alleged that the defendants committed the crime in 2018 by conspiring among themselves to launder the said sum belonging to the Kwara State Government.

It said the offence is contrary to section 18(a) of the money…

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