EFCC Charges NBA President With Alleged N1.4 Billion Money Laundering

EFCC Charges NBA President With Alleged N1.4 Billion Money Laundering

By Emmanuel Cornelius | Staff Writer on December 7, 2018
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Paul Usoro, SAN, president of the Nigerian Bar Association, NBA
Paul Usoro, SAN, president of the Nigerian Bar Association, NBA

The Economic and Financial Crimes Commission, EFCC, has filed a N1.4 billion fraud charge against Paul Usoro, SAN, the president of the Nigerian Bar Association, at the the Federal High Court in Lagos.

Justice Muslim Hassan fixed December 10, 2018, for the EFCC to arraign Mr. Usoro.

The anti-graft agency, in a charge marked FHC/418c/18, alleged that Usoro, from Akwa Ibom, converted and laundered the money in connivance with the Akwa Ibom State Governor, Udom Emmanuel.

The charge sheet, signed by EFCC counsel, Rotimi Oyedepo, did not list Emmanuel as a defendant.

The EFCC indicated that he is “currently constitutionally immunned against criminal prosecution”.

It did, however, mention four other defendants.

They are: Nsikan Nkan, described as Commissioner for Finance, Akwa Ibom State; Mfon Udomah, described as the Accountant-General of Akwa Ibom State; Uwemedimo Nwoko, described as the Akwa Ibom State Attorney-General and Commissioner for Justice; and Margaret Ukpe, all of whom are said to be at large.

The commission alleged that Usoro, in connivance with the others mentioned, conspired to commit the offence “sometime in 2015 within the jurisdiction of this honourable court”.

The anti-graft agency claimed that the N1.4 billion belonged to the Akwa Ibom State Government.

According to Oyedepo, the offences were contrary to Section 18 (a) of the Money Laundering (Prohibition) Act, 2011 and punishable under Section 15(3) of the same Act.



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