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Business

EFCC re-arraigns ex-NIMASA DG over alleged N156.4 million money laundering

The EFCC has re-arraigned a former DG of NIMASA, Mr. Haruna Jauro, over alleged money laundering.

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The Economic and Financial Crimes Commission (EFCC) has re-arraigned a former Director-General of the Nigerian Maritime Administration and Safety Agency, (NIMASA), Mr. Haruna Jauro, over alleged money laundering valued at N156 million at the Federal High Court in Lagos.

This was disclosed by the News Agency of Nigeria on Monday evening. Mr. Jauro was arraigned in court alongside Thlumbau Enterprises Ltd and Dauda Bawa on 19 counts of money laundering.

READ: EFCC invites Babatunde Fowler over alleged fraud

With the retirement of Justice Mojisola Olatoregun, who was in charge of the case in 2016, the EFCC leveled new charges against the defendants before Justice Obiozor.

The EFCC claims that Jauro and the Defendants diverted the sum of N156.4million belonging to the agency for personal use in January 2014, citing provisions of sections 15(3) and 18(a) of the Money Laundering (Prohibition) Act 2012.

READ: UPDATED: Court rules ICAN members do not need CITN license to file tax returns

The Defendants pleaded not guilty to the charges labeled against them by the EFCC.

EFCC’s counsel Mr. U.U Buhari, petitioned the court for a trial date and urged that the defendants remain in correctional service.

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READ: Shebah, Orjiakor ordered to pay three banks $144.2 million

Mr Olalekan Ojo, Counsel to the defendants petitioned that his clients continue the earlier bail agreements granted by retired Justice Olatoregun.

Justice Obiozor, adjourned the cases to March 17, 2021 for trial and also granted the defendants bail.

READ: $9 billion case: Nigeria files new lawsuit against P&ID after new evidence emerges 

What you should know 

In 2016, the defendants were accused of defrauding NIMASA N304.1 million and were arraigned before Justice Mojisola Olatoregun at the Federal High Court in  Ikoyi. In 2019, Jauro ended his defense of the money laundering trial at the Federal High Court in Lagos.

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Business

President Buhari adopts new security measures for South East

Buhari has adopted new security measures to tackle insecurity in the South Eastern and South Southern part of the nation.

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President Muhammadu Buhari has adopted new security measures to tackle insecurity in the South Eastern and South Southern part of the nation.

The decision was taken after a memo was presented by the National Security Adviser (NSA), Major General Babagana Monguno (rtd), on the control of drugs, which he said are enablers of Insecurity, but did not also elaborate.

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Business

President Buhari meets with heads of security agencies

President Muhammadu Buhari is currently in a meeting with heads of security agencies at the State House, Abuja.

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President Muhammadu Buhari is currently in a meeting with security agencies and others at the State House, Abuja.

This was disclosed by the Federal Government via its Twitter handle on Tuesday.

It tweeted, “Security Meeting ongoing, at the State House. President @MBuhari presiding, Vice President, SGF, NSA, Ministers, Service Chiefs, IGP, Intelligence Chiefs in attendance.”

More to come soon…

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