The Judge filed a“no case” submission against the money laundering charges against him.
In 2017, the Economic and Financial Crimes Commission, EFCC, had dragged Adoke and Abubakar Aliyu, a property developer, to court for allegedly laundering about N300 million.
While the EFCC admitted before Ekwo that it was a mortgage that Adoke took from Unity Bank, it alleged before Justice Kutigi that the money was a bribe from the sale of the oil block by Malabu Oil & Gas Ltd in 2011.
On March 28, 2024, Kutigi pointed out the contradiction while dismissing the charges against Adoke and other defendants, chiding the EFCC for wasting the court’s time for four years.
On Friday, Justice Ekwo said the EFCC did not provide any evidence to prove the essential elements of the offence against Adoke, who was listed as the first defendant.
Ekwo upheld the no-case submission while discharging and acquitting him of the charges.
The judge, however, ruled that Aliyu, the second defendant, has to open his defence because he has a case to answer.
from dailypost
300 million for an oil block..... It doesn't add up. The proof of the mortgage is also solid. EfCC was being mischievous, trying to hard to impress the new Buhari administration of that time, not knowing that they would even be more ravenous in embezzlement and more inept in oversight.
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