The Economic and Financial Crimes Commission has re-arraigned James Nolan, a British National before Justice OkonAbang of the Federal High Court, Maitama, Abuja on a 32-count amended charge bordering money laundering, tax evasion and failure to submit Value Added Tax returns.
According to the prosecuting counsel, the offences are contrary to Section 18(a) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 16(2) (b) of the same Act. The defendant was arraigned Thursday alongside two companies where he is director, Goidel Resources Limited and ICIL Limited; both firms were used for money laundering.
Nolan is linked to the controversial Process and Industrial Development gas processing contract. Indeed, he is said to be a director and signatory to the account of the company. The EFCC had on October 21 docked Nolan and Adam Quin( who is still at large) on 16-count of money laundering to which the first defendant pleaded not guilty.
However, Justice Abang after hearing from both parties adjourned the case until December 6, 2019, for ruling on the admissibility of the statement made by the first prosecution (EFCC) witness and continuation of trial.
