EFCC to Arraign Bello Bodejo Over Alleged $2.53 Million Money Laundering, Terrorism Financing Offences
EFCC to Arraign Bello Bodejo Over Alleged $2.53 Million Money Laundering, Terrorism Financing Offences
EFCC to Arraign Bello Bodejo Over Alleged $2.53 Million Money Laundering, Terrorism Financing Offences
The Economic and Financial Crimes Commission (EFCC) is set to arraign Bello Abdullahi Bodejo before a Federal High Court in Abuja over allegations of terrorism financing and money laundering involving $2.53 million.
According to court documents filed by the anti-graft agency, Bodejo is facing a 12-count charge bordering on the alleged receipt and possession of large sums of foreign currency suspected to be proceeds of unlawful activities.
The EFCC alleges that the offences contravene provisions of the Money Laundering (Prevention and Prohibition) Act and other relevant laws governing financial crimes in Nigeria.
Bodejo is expected to be brought before the Federal High Court in Abuja in the coming days to enter his plea as formal trial proceedings commence.
The Commission maintains that the charges relate to alleged financial transactions involving foreign currency and suspected unlawful funds, offences that attract penalties under Nigeria’s anti-money laundering laws if proven in court.
The case is expected to draw public attention due to the nature of the allegations and the high-profile status of the defendant.
As of the time of filing this report, no date had been publicly announced for the arraignment. The allegations remain accusations, and the defendant is presumed innocent until proven guilty by a court of competent jurisdiction.
EFCC to Arraign Bello Bodejo Over Alleged $2.53 Million Money Laundering, Terrorism Financing Offences
