A Federal High Court in Abuja on Monday adjurned a case on an alleged money Laundering to June 26th, 2023 after it had summoned the Rural Electrification Agency (REA) Managing Director, Ahmad Salihijo Ahmad and four directors of private companies.
The charges of breach of Public Procurement Act were pressed by Donnington Ltd against Velocity Logistics, Winslow Logistics, Equal Logistics, Sahams Crystal Investment, and Antaser Nig Ltd.
The charges were alleged to bother on infractions against the Money Laundering Act and, especially the non-declaration of the activities of their companies as specified under Sec 5 (1) (a) (I) of the Money Laundering (Prohibition) Act of 2011.
The other defendants are Alkali Habib (a Director in TAJ Bank), Edwin Iyk Anyadigibe, Abdulmumini Haruna and Innocent Nwobodo.
Ahmad and the rest are facing a 10 count-charge bordering on violation of the Anti-Money Laundering Act, including non-declaration of companies’ financial transactions.
Their alleged offences violated Section 5 (1) (a) (I) of the Money Laundering (Prohibition) Act of 2011, and punishable under Section 16 (2) (b) of the same Act.
Counsel to the complainant Ugbede Idachaba said the defendants filed notice of preliminary objection challenging the jurisdiction of this Honorable court, because of the subsisting Preliminary objection the matter was adjurned by the court to 26th June, 2023 for arraignment
“The matter was slated for arraignment and specifically for hearing”
The presiding judge Justice James Kolawole adjurned the cases to 26th of June 2023
Justice Kolawole Omotosho, after listening to both counsels and based on the substitibg notice of preliminary objection over jurisdiction, adjourned the case.
This non compliance is punishable under Section 16 (2) (b) of the same Act.
