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BREAKING: Court Seizes Former Governor Obiano’s Travel Documents, Adjourns Trial

The prosecution counsel had sought the court’s remand of the former governor.

Published

2 years ago

January 24, 2024

VerseNews

Willie Obiano leaving the court

Justice Inyang Ekwo of the Federal High Court in Abuja has granted bail to the immediate past governor of Anambra State, Willie Obiano.

VerseNews reports that the judge ordered that the former governor should be restricted to the court jurisdiction and directed the Economic and Financial Crimes Commission (EFCC) to deposit Obiano’s travel documents with the court registrar.

The registrar is also instructed to notify the Nigerian Immigration Service of the development.

The prosecution counsel had sought the court’s remand of the former governor.

The case has been adjourned till March 4, 5, 6, and 7 for the continuation of the trial.

Obiano faces charges of alleged money laundering involving a staggering sum of N4,008,573,350.

The former governor is expected to face nine counts of money laundering linked to the purported movement of N4,008,573,350 from security votes into various accounts.

The charges allege that the funds were returned to Obiano in cash after currency conversion into dollars.

Among the charges, Obiano faces allegations of indirectly transferring funds from the Anambra State Government’s Security Vote Account into various unrelated accounts. These transactions between 2018 and 2019 form the basis of the charges under the Money Laundering (Prohibition) Act of 2011.

DON’T MISS: EFCC Aligns Former Anambra Governor, Willie Obiano Over N4bn Fraud

Another charge asserts that Obiano, between 2017 and 2020, indirectly transferred substantial funds from the Anambra State Government Security Vote Account into an account belonging to Easy Diamond Integrated Link, an entity seemingly unrelated to the state government.

Obiano’s arrest in March 2022 at the Murtala Muhammad International Airport in Lagos marked a significant development in the EFCC’s efforts to address allegations of misappropriation of public funds.

The former governor was apprehended as he prepared to board a flight to the United States, and his loss of immunity after leaving office paved the way for the EFCC to act on longstanding concerns and accusations of corruption.