Nigeria: former AGF pleads not guilty to money laundering charge
06 Aug 2020

Mohammed Adoke, a former Attorney General of the Federation and Minister of Justice on Tuesday pleaded not guilty to the amended charges of money laundering filed against him by the Economic and Financial Crimes Commission (EFCC).

Adoke, alongside Aliyu Abubakar who is an Abuja-based businessman are facing a seven-count charge filed against them by the EFCC over money laundering allegation to the tune of N400 million.

They are being tried before the Federal High Court in Abuja. Their trial on Monday was stalled by late filing of an amended charge by the prosecution team.

However, during sitting on Tuesday, the defendants pleaded not guilty to the 14 count charge filed against them.

The EFCC had in June filed an additional seven charges against the former AGF and his co-defendant.

The initial charge contained seven counts, with six of them relating to Adoke.

At the resumed trial, Bala Sanga, the prosecutor informed the court of an amended charge he filed on July 29 which was served on all the defendants.

The trial judge, Justice Ekwo who frowned at the late filing of the amended charge adjourned the trial till Tuesday on the ground that he was yet to sight the amended charges.

In the former seven counts, the EFCC alleged that the defendants committed the money laundering offences involving over N400 million in Abuja in September 2013.

In the counts relating to Adoke, he was accused of among others, receiving the dollar equivalent of N300 million from Abubakar, paying the dollar equivalent of N367,318,800 to one Usman Mohammed Bello, and allegedly using the sum of N300 million, which was alleged to be part of the proceeds of unlawful activities, all in violations of various provisions of the Money Laundering Prohibition Act, 2011.

He was also accused of making “structured cash payments, in 22 tranches” amounting to N80 million, another of such structured payments in 13 tranches summing up to N50 million into his Unity Bank account.

The Commission alleged that the funds were not only part of the proceeds of unlawful acts but they also exceeded “thresholds outside a financial institution,” and that the payments were done with the intention of concealing the origins of the funds contrary to Section 15(2(a) of the Money Laundering Prohibition Act 2011 and punishable under section 15(3) of the same law.

By Niyi Oyedeji, ICIR Nigeria, 4 August 2020

Read more at the International Centre for Investigative Reporting

RiskScreen: Eliminating Financial Crime with Smart Technology

Advance your CPD minutes for this content, by signing up and using the CPD Wallet

FREE CPD Wallet