EFCC Accuses NBA President of Laundering N1.4 Billion

The President of the Nigerian Bar Association, Mr Paul Usoro (SAN) has been accused by the Economic and Financial Crimes Commission (EFCC) of laundering N1.4bn belonging to Akwa Ibom State Government.

Usoro was charged before the Federal High Court in Lagos.

The charge sheet, marked FHC/418c/18, was filed before Justice Muslim Hassan.

The judge has since fixed December 10, 2018 for the arraignment of the NBA President.

In the charge, the EFCC claimed that Usoro converted and laundered the money in connivance with Governor Udom Emmanuel of Akwa Ibom State.

Emmanuel was however not listed as a defendant in the charge as the EFCC indicated that he is “currently constitutionally immuned against criminal prosecution.”

Also mentioned in the suit were one Nsikan Nkan, described as Akwa Ibom State Commissioner for Finance, one Mfon Udomah, described as the Accountant General of Akwa Ibom State; one Uwemedimo Nwoko, described as the Akwa Ibom State Attorney General and Commissioner for Justice; and Margaret Ukpe, all of whom were said to be at large.

The EFCC claimed that Usoro in connivance with the others mentioned conspired among themselves to commit the offence sometime in 2015 “within the jurisdiction of this honourable court”.

The anti-graft agency claimed that the N1.4bn allegedly converted and laundered by the defendants belonged to the Akwa Ibom State Government.

Counsel for the EFCC, Rotimi Oyedepo, who signed the charge sheet, said that the offence allegedly committed by the NBA President was contrary to Section 18 (a) of the Money Laundering (Prohibition) Act, 2011.

He added that the SAN is liable to be punished under Section 15(3) of the same Act.