EFCC drags Ex-INEC boss Maurice Iwu to court for alleged N1.2billion fraud | The Guardian Nigeria News - Nigeria and World News

The Economic and Financial Crimes Commission, , is set to arraign a former Chairman of the Independent National Electoral Commission, , Prof. Maurice Iwu for alleged money laundering, the Guardian learnt.

It was gathered that Iwu will be arraigned at a federal High Court, sitting in Lagos on a four-count charge bordering on money laundering. A top official in the commission who do not want his name on print disclosed that, Iwu is alleged to have between December 2014 and March 2015, aided the concealment of the sum of N1,203,000,000 .

According to the source, the said sum was in the bank account of Bioresources Institute of Nigeria Limited domiciled in the United Bank for Africa, Plc.In this article:

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EFCC to arraign former INEC chair over alleged N1.2bn scam – Daily TrustEconomic and Financial Crimes Commission (EFCC) is set to arraign a former Chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu. EFCC’s acting spokesperson, Mr Tony Orilade, confirmed the planned arraignment in a statement in Abuja on Thursday.ADVERTISEMENT He, however, did not disclose when the former INEC chairman would appear in court.ADVERTISEMENT Iwu … While Jega is roaming about free..and the notorious of them all is still heading the agency Sinking Nigeria 🇳🇬.
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