FRAUD: $40 Million Fraud: EFCC to Appeal Acquittal of Ex-President Jonathan’s Cousin
The Economic and Financial Crimes Commission, EFCC, has described as unfortunate the acquittal of Robert Azibaola, a cousin to former president, Goodluck Jonathan, who was charged for $40 million fraud before Justice Nnamdi Dimgba.
The EFCC expressed concern that despite the weight of evidence brought before the Court and witnesses presented, Justice Dimgba held that, “the prosecution must show directly how the defendant took possession of funds and knew that it forms part of proceeds of corruption.”
Invariably, EFCC in a statement said that its legal team will be studying the judgement thoroughly and will be taking necessary actions to appeal it as we hope that the appellate court shall view the merit of the prosecution and do justice to the case.
A Federal High Court in Abuja has freed Azibaola, charged with money laundering to the tune of $40million.
Azibaola and his firm, One Plus Holdings Nigeria Limited were charged by the Economic and Financial Crimes Commission (EFCC) with money laundering offences for allegedly receiving the sum of $40m from the Office of the then National Security Adviser, Col. Sambo Dasuki, in September 2014 for the supply of tactical communication equipment, a job the prosecution alleged was not done.