Court Remands Siblings For Money Laundering

Justice N. E. Maha of the Federal High Court Abuja on Thursday
December 24, remanded two brothers, Eze Olisaebuka Okwuchukwu and
Eze Onyeka Nnadozie in prison following their arraignment on
separate charges of money laundering by the Economic and Financial
Crimes Commission, EFCC. While Eze Olisaebuka Okwuchukwu and his
company, Berlus Resources Ltd were arraigned on a 11-count charge,
Onyeka and his company, DYM Integrated Service Limited are facing
14-count charges.

According to a press release signed by EFCC Spokesman, Count
five of the charge against Okwuchukwu reads, ” That you Eze
Olisaebuka Okwuchukwu, between 26th September 2017 to 30th October,
2020, in Abuja, within the jurisdiction of this Honorable Court,
did convert the aggregate sum of N319,709,807.00(Three Hundred and
Nineteen Million, Seven Hundred and Nine Thousand, Eight Hundred
and Seven Naira) to the credit of your Fidelity bank account No.
6052516415 which sum you knew forms part of the proceeds of an
unlawful act and thereby committed an offence contrary to Section
15(2)(b) of the Money Laundering (Prohibition) Act 2011(as amended)
and punishable under Section 15(3) of the same Act”.

Count four of the charge against Onyeka reads, “That you Eze
Onyeka Nnadozie, between 21st November, 2014 to 4th December, 2014,
in Abuja, within the jurisdiction of this Honorable Court, did
convert the aggregate sum of £32,700( Thirty-two Thousand, Seven
Hundred Pounds Sterling) to the credit of your Unity Bank Plc
Account No. 3001732932 which sum you knew forms part of the
proceeds of an unlawful act, and thereby committed an offence
contrary to section 15(2) (b) of the Money Laundering (Prohibition)
Act 2011 ( as amended) and punishable under the Section 15(3) of
the same Act”.

The defendants however pleaded “not guilty” to the charges.

In view of their plea, prosecuting counsel, Samuel Chime asked
the court for a date to commence trial, and remand the defendants
in prison custody.

The application was not opposed by the defendants.

Consequently, Justice Maha ordered the remand of the defendants
and adjourned the matter till January 5 and 6, 2021 for
commencement of trial.

The defendants are also being prosecuted at the Federal Capital
Territory High Court, Abuja on separate charges of stealing over a
billion Naira from a businessman, Prince Arthur Eze.

Justice N. E. Maha of the Federal High Court Abuja on Thursday
December 24, remanded two brothers, Eze Olisaebuka Okwuchukwu and
Eze Onyeka Nnadozie in prison following their arraignment on
separate charges of money laundering by the Economic and Financial
Crimes Commission, EFCC. While Eze Olisaebuka Okwuchukwu and his
company, Berlus Resources Ltd were arraigned on a 11-count charge,
Onyeka and his company, DYM Integrated Service Limited are facing
14-count charges.

According to a press release signed by EFCC Spokesman, Count
five of the charge against Okwuchukwu reads, ” That you Eze
Olisaebuka Okwuchukwu, between 26th September 2017 to 30th October,
2020, in Abuja, within the jurisdiction of this Honorable Court,
did convert the aggregate sum of N319,709,807.00(Three Hundred and
Nineteen Million, Seven Hundred and Nine Thousand, Eight Hundred
and Seven Naira) to the credit of your Fidelity bank account No.
6052516415 which sum you knew forms part of the proceeds of an
unlawful act and thereby committed an offence contrary to Section
15(2)(b) of the Money Laundering (Prohibition) Act 2011(as amended)
and punishable under Section 15(3) of the same Act”.

Count four of the charge against Onyeka reads, “That you Eze
Onyeka Nnadozie, between 21st November, 2014 to 4th December, 2014,
in Abuja, within the jurisdiction of this Honorable Court, did
convert the aggregate sum of £32,700( Thirty-two Thousand, Seven
Hundred Pounds Sterling) to the credit of your Unity Bank Plc
Account No. 3001732932 which sum you knew forms part of the
proceeds of an unlawful act, and thereby committed an offence
contrary to section 15(2) (b) of the Money Laundering (Prohibition)
Act 2011 ( as amended) and punishable under the Section 15(3) of
the same Act”.

The defendants however pleaded “not guilty” to the charges.

In view of their plea, prosecuting counsel, Samuel Chime asked
the court for a date to commence trial, and remand the defendants
in prison custody.

The application was not opposed by the defendants.

Consequently, Justice Maha ordered the remand of the defendants
and adjourned the matter till January 5 and 6, 2021 for
commencement of trial.

The defendants are also being prosecuted at the Federal Capital
Territory High Court, Abuja on separate charges of stealing over a
billion Naira from a businessman, Prince Arthur Eze.