Supreme Court frees senator jailed for alleged N805 million fraud

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The Supreme Court panel voted four against one to acquit former senator Peter Nwaoboboshi of alleged N805 million fraud.

The Supreme Court on Friday nullified the conviction of Peter Nwaoboshi, who was jailed for corruption.He was convicted by the Court of Appeal in Lagos on a two-count charge of fraud and money laundering on 1 July 2022.The Supreme Court, in a four-to-one majority judgement on Friday, ordered Mr Nwaoboshi’s immediate release from Ikoyi Correctional Centre in Lagos, where he is being incarcerated for a seven-year jail time.

Giving reasons for its decision, Mr Agim said the former senator and the two companies were “unjustly and maliciously prosecuted” by the EFCC for committing no offences known to law.

Source: Law Daily Report (lawdailyreport.net)

 

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