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Breaking: Court orders Atiku’s son in-law remains in EFCC custody

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A Federal High Court in Lagos has ordered that Abdullahi Babalele, a son in-law to Atiku Abubakar, former Vice President and Presidential Candidate of the People’s Democratic Party, in the 2019 general elections, be remanded in the custody of the Economic and Financial Crimes Commission (EFCC).

TheNewsGuru (TNG) reports Babalele was arraigned on Wednesday before Justice Nicholas Oweibo of the Federal High Court on a 2 count charge of alleged money laundering.

According to the charge signed on behalf of the EFCC by its prosecutor, Rotimi Oyedepo, Babalele committed the offence in February, 2019.

“That you Abdullahi Babalele on or about the 20th day of February, 2019 in Nigeria within the jurisdiction of this Honourable Court. procured Bashir Mohammed to make cash payment of the sum of $140,000. 00 (One Hundred and Forty Thousand United State Dollars) without going through a financial institution, which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 18(c) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act.

“That you Abdullahi Babalele on or about the 20th day of February,2019 in Nigeria within the jurisdiction of this Honourable Court, aided Bashir Mohammed to make cash payment of the sum of $140,000. 00 (One Hundred and Forty Thousand United State Dollars) without going through financial institution, which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act,” the charges read.

The Atiku son in-law, who pleaded not guilty to the 2 count charge, was ordered by the Court to be remanded in EFCC custody pending the hearing of his bail application on Thursday, following a request made by his counsel, Mike Ozekhome (SAN).

Meanwhile, the EFCC has also arraigned Mr Uyiekpen Giwa-Osagie, a legal practitioner, and another associate of former Vice President Atiku Abubakar.

Last week, the anti graft agency had filed a three count charge against him at the Federal High Court in Lagos for allegedly laundering 2 million dollars in the build-up to this year’s general elections.

Also named in the charge is Erhunse Giwa-Osagie, who is said to be his brother.

The EFCC alleged that the two defendants conspired between each other to make a cash payment of 2 million dollars on February 12, 2019, without going through a financial institution.

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The offence is said to be contrary to Sections 18(a) and 1(a) of the Money Laundering (Prohibition) Act 2011 and were liable to be punished under Section 16(2)(b) of the same Act.

Both men pleaded not guilty to the 3 counts and Justice Nicholas Oweibo also ordered that they be remanded in EFCC custody pending the hearing of their bail application on Thursday.

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