According to a statement by the Head of Media and Publicity of EFCC, Mr Dele Oyewale, Justice Quadri spared the Chinese a jail term because he allegedly had symptoms of COVID-19.
The Economic and Financial Crimes Commission has secured the final forfeiture of $300,000 belonging to a Chinese national, Li Yan Pin, to the Nigerian Government. The statement reads, “The judge had earlier ordered the interim forfeiture of the money following an ex-parte application filed by the Economic and Financial Crimes Commission.
“Yan Pin stood trial for a money laundering charge levelled against him by the EFCC over the said sum after intelligence led to his arrest at the Nnamdi Azikiwe International Airport, Abuja, for failing to declare the sum in his possession, as he attempted to board a flight to China en-route Dubai. “Justice Quadri in his judgment said the prosecution had proved its case beyond every reasonable doubt and found the defendant guilty of the charges according to Section 2, sub-section of the Money Laundering Prohibition Act, 2011, as amended in 2012.
“The defence counsel in its response pleaded with the court to temper justice with mercy as the convict, he said had invested his resources on the development of Nigeria, and currently facing difficult health challenges.“While ordering that the said sum be forfeited to the Federal Government, Justice Quadri saved the convict a jail term on the ground that he had earlier filed for a medical leave over alleged COVID-19 symptoms that included persistent headache, insomnia and fatigue.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JUST IN: Sokoto loses commissioner - The Nation NigeriaGovernor Aminu Waziri Tambuwal announced this in a statement by his Special Adviser Media and Publicity, Muhammad Bello....
Read more »
EFCC: Chinese man with COVID-19 symptoms loses hidden $300,000 to Nigerian govtJustice Babatunde Quadri of Federal High Court, Abuja, has ordered the final forfeiture of concealed $300,000 belonging to a Chinese national, Li Yan Pin, to the Federal Government of Nigeria. Economic and Financial Crimes Commission (EFCC) spokesman, Dele Oyewale, announced the conviction in a statement on Monday. Quadri, however, saved the convict a jail term
Read more »
EFCC secures forfeiture of Chinese $300,000 to FGThe Economic and Financial Crimes Commission(EFCC) said it has secured the final forfeiture of $300,000, belonging to a Chinese national, Li Yan Pin
Read more »
Nigerian Military Take Out Boko Haram Bases In Sambisa Forest, Others | Sahara ReportersNigerian Military Take Out Boko Haram Bases In Sambisa Forest, Others | Sahara Reporters Independent sources, according to HumAngle_, put the casualty figure that resulted from the air raids above 500, an indication that the... DefenceInfoNG READ MORE:
Read more »
We’re Treated Like Prisoners, Nigerians Evacuated From Dubai Say | Sahara ReportersWe’re Treated Like Prisoners, Nigerians Evacuated From Dubai Say | Sahara Reporters One of them, who prefers anonymity for fear of being victimised, said, “Sincerely, we have not had it good since we returned from Dubai. We all tested...” READ MORE:
Read more »
Security Agents Kill 11 Nigerians While Enforcing Lockdown | Sahara ReportersSecurity Agents Kill 11 Nigerians While Enforcing Lockdown | Sahara Reporters The commission said PoliceNG was responsible for seven deaths while the Nigeria Security and Civil Defence Corps, non-state actors and the Abia State Task Force on... READ MORE:
Read more »