Commercial Law

Court of Appeal dismisses money laundering charges against Shekarau

The Kano Division of the Court of Appeal Wednesday cleared former governor of Kano State, Ibrahim Shekarau of money laundering charges.

The trio of Shekarau, Aminu Wali and Mansur Ahmed, were accused of conniving to collect N950 million as part of the $115 million allegedly distributed by a former Minister of Petroleum Resources, Deizani Madueke, ahead of the 2015 general elections.

The EFCC specifically accused the former governor of violation of provisions of the money laundering prohibition Act.

While the trial lasted, the governor was alleged of distributing the money without going through a financial institution.

But in its judgment, the appeal court, presided over by Amina Audi, said the EFCC failed to establish a prima facie case of alleged money laundering against the ex-governor.

She then discharged and acquitted him.

The appeal court judge upheld his counsel’s no-case submission before a Federal High Court in Kano presided by Lewis Allagoa.

Earlier, the Federal High Court had ruled that the EFCC had established a prima facie case of alleged money laundering against the former governor.

The EFCC spokesperson of the Kano zonal office, Idris Nadabo, promised to comment on judgment only when he obtains official approval.

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