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Former pension workers arraigned for money laundering

06 November 2014, 15:35

Abuja- A former Assistant Director in the Pension Department, Office of the Head of Service of the Federation of Nigeria, Franklin Nwankwo, has appeared before the Federal High Court on a 15-count charge of obtaining by false pretence and money laundering to the tune of N1.63 million.

The Economic and Financial Crimes Commission (EFCC), has also arraigned Phina Chidi, a former Assistant Director, Pension Department, Office of the Head of Service of the Federation of Nigeria, and Pam Investment Properties before Justice Gabriel Kolawole.

It will be recalled that Chidi was initially charged alongside Shuaibu Sani Teidi, former director, Pension Accounts, Office of the Head of Service of the Federation of Nigeria before Justice Adamu Bello.

Her re-arrangement followed the ruling of the court to split the charge in order to have each accused person stand separate trial for their alleged involvement in the pension scam.

The accused persons pleaded not guilty to all the charge when it was read to them.

In view of their plea, counsel to EFCC, Godwin Obla, asked the court for a date to commence trial.

Also read:Money laundering trial against bank executives adjourned

Speaking in the same vein, N.H Nwankwo and Deji Akande counsel to the second and third accused persons prayed the court for similar relief.

Justice Kolawole, after listening to the submission of all  the parties adopted the bail terms formerly granted by Justice Adamu Bello by granting the accused persons bail in the sum of Ten Million Naira each and sureties who must be resident in Abuja.

He also ordered that Erimi be discharged from the obligation of being a surety and his title documents released to him.

The case has been adjourned to February for commencement of trial.

– CAJ News


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