￼ A former Chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu will be arraigned on Thursday trial for alleged laundering of N1.2billion.
Iwu, who has been interrogated by the EFCC, was said to have been involved in the N23.29billion poll bribery scandal which characterized the 2015 poll.
Although charges have been filed against Iwu, it was unclear last night when the ex-INEC chairman will be formally arraigned.
A source said: “The Economic and Financial Crimes Commission (EFCC) is set to arraign a former Chairman of the Independent National Electoral Commission, INEC, Prof. Maurice Iwu.
“Iwu will be arraigned tomorrow Thursday August 8, 2019 before justice Chuka Obiozor sitting at Federal High Court, Lagos on a four-count charge bordering on money laundering.
“Iwu is alleged to have between December 2014 and March 2015, aided the concealment of the sum of N1, 203,000,000 (One Billion, Two Hundred and Three Million Naira)
“The said sum was in the bank account of Bioresources Institute of Nigeria Limited domiciled in the United Bank for Africa, UBA Plc.
A reliable source, who gave insights into the investigation of Iwu, said: “The cash in question was about the poll bribery scandal in 2015.