Court acquits Amb Wali over N950m campaign funds | Dailytrust

Court acquits Amb Wali over N950m campaign funds

Plenary Meeting: of the 59th session of the GeneralAssembly: Question of equitable representation on andincrease in the membership of the Security Council andrelated matters, draft resolution (A/59/L.67, introduction ofthe African Union draft resolution regarding the reform ofthe Security Council)Nigeria, on behalf of the African States.
Plenary Meeting: of the 59th session of the GeneralAssembly: Question of equitable representation on andincrease in the membership of the Security Council andrelated matters, draft resolution (A/59/L.67, introduction ofthe African Union draft resolution regarding the reform ofthe Security Council)Nigeria, on behalf of the African States.

A Federal High Court in Kano has discharged and acquitted a former Minister of Foreign Affairs, Ambassador Aminu Wali and former Commissioner for Works in Kano, Mansur Ahmad in a case of alleged N950million campaign fund.

The Economic and Financial Crime Commission (EFCC) had dragged the duo before the court for receiving such money without passing through a financial institution, which it said was contrary to the money laundering act of 2011.

Delivering his judgement, Justice Lewis Allagoa said the prosecuting counsels could not prove their case beyond reasonable doubts, as such, the accused were discharged and acquitted.

Speaking on the judgement, counsel to Wali, Sam Olagunorisa, said they were happy and vindicated, noting that they were able to prove that the said money passed through a registered financial institution in the country.

On his part, the EFCC counsel, Cosmos Ogwu, said they had come to the end of the road at this level.

The defendants were alleged to have collected the sum of N950,000,000, part of the $115,000,000 allegedly distributed by a former Minister of Petroleum Resources, Deizani Allison Madueke for the purpose of influencing the outcome of the 2015 general elections.

It was further alleged that the said money was shared among PDP chieftains without going through a financial institution, in violation of provisions of the Money Laundering Prohibition Act.

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