Breaking News: Court Orders Remand Of Atiku’s Son-In-Law, Babalele In EFCC Custody

August 14, 2019
32 Views

The Justice Nicholas Oweibo-led Federal High Court  sitting in Lagos has, Wednesday, ordered that Abdullahi Babalele, the son in-law to ex-Vice President and the Presidential Candidate of the People’s Democratic Party, PDP, in the 2019 general elections, Atiku Abubakar, be remanded in EFCC’s custody, Vanguard reports.
 

Abdullahi Babalele , who was charged with two counts by the Economic and Financial Crimes Commission, EFCC, is to be remanded till Thursday when his bail application would he heard.

The EFCC, had, Wednesday, arraigned Abdullahi Babalele on two counts bordering on alleged money laundering.

When the two counts were read to him, he pleaded not guilty.

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

The two counts read thus:

COUNT 1: 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.

Count 2: 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.

You may be interested

Dino Melaye lists ways to cure intelligence excuses
News
2 views
News
2 views

Dino Melaye lists ways to cure intelligence excuses

admin - January 18, 2020

<!-- Dino Melaye --> Dino Melaye Former Senator representing Kogi West Senatorial District, Dino Melaye has listed ways to cure…

Amotekun: Arrest Yoruba leaders, ignite fire, Fani-Kayode dares Miyetti Allah
News
1 views
News
1 views

Amotekun: Arrest Yoruba leaders, ignite fire, Fani-Kayode dares Miyetti Allah

admin - January 18, 2020

<!-- Fani-Kayode defended Onyema --> Fani-Kayode defended Onyema Former Aviation Minister, Femi Fani-Kayode has dared Miyetti Allah to instigate the…

Eagles Euro Roundup: Simon On Target In Nantes’ Cup Loss To Lyon; Akpeyi Helps Kaiser Chiefs Stretch Unbeaten Run With Away Draw
Sports
21 views
Sports
21 views

Eagles Euro Roundup: Simon On Target In Nantes’ Cup Loss To Lyon; Akpeyi Helps Kaiser Chiefs Stretch Unbeaten Run With Away Draw

admin - January 18, 2020

Moses Simon scored a late goal but it was not enough as Lyon held on to beat Nantes 4-3 and…

Leave a Comment

Your email address will not be published.