Okorocha’s Presidential Bid Suffers Damage As Court Remands Him In EFCC Custody

Related stories

Breaking Down the West’s $146 Billion 2024 Defence Technology Investment

Advanced technologies like drones, sensors, and even artificial intelligence...

G7 vs. the World: GDP, Population, and Military Strength

Key Takeaways G7 countries represent 28.4% of global GDP...

US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says

U.S. energy firms this week cut the number of...

Tinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter Rufai

By Abiola Olawale President Bola Ahmed Tinubu has expressed profound...

The presidential bid of Senator Rochas Okorocha may have suffered setbacks as a Federal High Court in Abuja, on Monday granted an order remanding the former Governor of Imo State in the custody of Economic and Financial Crimes Commission (EFCC) over alleged money laundering.

Senator Okorocha is a presidential hopeful on the platform of the ruling All Progressives Congress which had scheduled its presidential primary for next weekend, 6-7 June, 2022.

He was alleged to have laundered funds to the tune of N2.9 billion while serving as governor of Imo State.

Okorocha was arraigned alongside Anyim Nyerere Chinenye, Naphtali International Limited, Perfect Finish Multi Projects Limited, Consolid Projects Consulting Limited, Pramif International Limited, and Legend World Concepts Limited as 2nd to 7th defendants respectively.

During court proceedings on Monday, Okorocha denied all the charges.

Okorocha, through his four-team legal counsel of Senior Advocates of Nigeria, SANs, comprising Okey Amaechi, Solomon Umor, Ola Olanipekun, and Kehinde Ogunwumiju, also pleaded for a bail application.

Justice Inyang Ekwo who took his plea, however, ruled that Okorocha and other defendants should be remanded in the EFCC custody and adjourned till Tuesday for the hearing of bail application.

With the judgment, Okorocha is likely to miss the ongoing presidential screening exercise of the ruling APC which starts today.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Breaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military StrengthUS drillers cut oil and gas rigs for 10th week in a row, Baker Hughes saysExclusive! Tinubu Tips Late Ajimobi's Wife, Florence, Others for Ambassadorial PostsTinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsHow Super Eagles Icon Peter Rufai passed Away at 61Dakuku Peterside’s Beneath the Surface Book Out in OctoberOil Prices Dip on Confirmation of Inventory BuildBuhari In Stable Condition - Ex-Aide ConfirmsBREAKING: Ex-President Buhari sick, hospitalised abroad2027: Abure, Usman Clash Over Peter Obi’s Rising Profile in ADC CoalitionMTN’s Dabengwa Tier III Cloud Data Centre: A New Era for West African Tech and AI
X whatsapp