.officialEFCC Rearraigns bukolasaraki's Aide Makanjuola, Two Others Over N3.5bn Fraud | Sahara Reporters Makanjuola is charged alongside Kolawole Shittu, cashier to the Senate; Robert Chidozie Mbonu, a former Managing Director... READ MORE:
The Economic and Financial Crimes Commission on Wednesday rearraigned Gbenga Makanjuola, a Deputy Chief of Staff to Senate President Bukola Saraki before Justice Maureen Onyetenu of the Federal High Court sitting in Lagos on an amended 11-count charge bordering on alleged conspiracy, accepting cash payment beyond threshold and money laundering to the tune of N3.5billion.
One of the counts read: “That you, Gbenga Makanjuola, sometime in December 2016 in Nigeria, within the jurisdiction of this Honourable Court, did accept cash payment of the sum of $500,000.00 from Kolawole Shittu without going through a financial institution and thereby committed an offence contrary to Section 1 of the Money Laundering Prohibition Act, 2011 and punishable under Section 16 of the same Act.
Also, Omeoga Chukwu, counsel to the third defendant, urged the court to allow his client continue on the existing bail. In December 2016, the Nigerian government approved the sum of N522.74billion to be paid to the 36 states of the federation as part of the reimbursement of the over-deduction on the Paris Club loan from 1995 to 2002.
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