News
  • FaceBook
  • Twitter
  • Pin It
  • Linkedin
  • Buffer
  • WhatsApp

N1.4bn Fraud: Court acquits ex-NBA President, Usoro

A Federal High Court in Lagos on Friday acquitted an ex-president of the Nigerian Bar Association Paul Usoro of money laundering charges to the tune of N1.4 billion.

Justice Rilwan Aikawa gave the judgment while ruling on Mr Usoro’s no-case submission.

The judge said the Economic and Financial Crimes Commission (EFCC) failed to establish any prima facie case against Usoro which could prompt him to enter a defence.

Usoro was first arraigned for the alleged offence on December 18, 2018, before Justice Muslim Hassan of the same court.

He was re-arraigned on March 1, 2019, on a 10-count charge bordering on laundering money for Akwa Ibom State Government officials.

Anambra man of the year award
  • FaceBook
  • Twitter
  • Pin It
  • Linkedin
  • Buffer
  • WhatsApp

Comments are closed.

We're glad you stopped by!

But please understand that without advertising this website wouldn't be here.

We serve responsible ads and ask that you disable your ad blocker while visiting

Please click here after you have disabled your adblocker on this site