JUST IN: Court Remands Sen. Nwaoboshi In Prison

A federal high court Sitting in Lagos has ordered the remand of Peter Nwaoboshi, a Peoples Democratic Party (PDP) senator from Delta state, in Ikoyi prison, Lagos. The remand order follows the arraignment of the senator by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud. Last week, the anti-graft agency arrested Nwaoboshi whose name is on the looters list recently released by the federal government. Nwaoboshi represents Delta north senatorial district in the upper legislative chamber. The EFCC arraigned Nwaoboshi over an alleged N805 million fraud. He was arraigned on a two-count charge of money laundering and fraud alongside two companies namely: Golden Touch Construction Project Ltd and Suiming Electrical Ltd. He pleaded not guilty to the charges. In the charge No: FHC/L/117C/2018, the EFCC alleged that the accused committed the offences between May and June 2014 in Lagos. Nwaoboshi was said to have acquired a property described as Guinea House, ...