N1.2bn Scam: Prof. Iwu To Be Arraigned By The EFCC

Crime Watch
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Economic and Financial Crimes Commission (EFCC) spokesperson, Mr. Tony Orilade has disclosed that the commission will arraign former Chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu over allegation of money laundering.

 

The planned arraignment was disclosed by Mr. Orilade in a statement in Abuja on Thursday.

 

The former INEC chairman would be arraigned at a Federal High Court sitting in Lagos on a four-count charge bordering on money laundering as he was alleged to have between December 2014 and March 2015, aided the misappropriation and concealment of the sum of N1.2billion.

 

However, the time for the arraignment was not stated by the spokesperson.