Money Laundering Accusation: Appeal Court Convicts Senator Nwaoboshi

The Court of Appeal has convicted Senator Peter Nwaoboshi of money launching charges instituted against him by the Economic and Financial Crimes Commission, EFCC.

The conviction of Senator Nwaoboshi, representing representing Delta North, a huge victory for the EFCC, is coming after the anti-graft agency appealed a defeat it suffered at a Lagos Federal High Court in 2021.

The EFCC appealed the ruling delivered by Justice Chukwujekwu Aneke, which discharged and acquitted the 64 year-old Senator over the sum of N322m he allegedly laundered as filed by the anti-graft body.

Details later.

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