The Court of Appeal, Abuja Division, has discharged and acquitted former Group Managing Director of Transcorp Plc, Mr. Tom Iseghohi, of money laundering charges.In a unanimous decision, the court also set aside the decision of the Federal High Court in Abuja dated October 20, 2014, which over-ruled his no-case submission.

The court further dismissed entirely the 32-count criminal charge of money laundering filed against him by the Economic and Financial Crimes Commission (EFCC).The anti-graft commission had arraigned Isoghohi, the former Company Secretary, Mohammed Buba and Deputy General Manager, Mike Okoli, in 2009.
They were tried for fraud and money laundering in connection with the botched acquisition of the Nigerian Telecommunications (NITEL) by Transcorp.Trial began before Justice D.U. Okorowo before it was transferred to Justice Evoh Chukwu.

Consequently, the defendants’ counsel, A. Ozioko, John Egwuonwu and Sunny Tadi, filed a no-case submission, urging the court to dismiss the charge because it established no prima facie case against them.
They argued that the prosecution had failed to make out a prima facie case against the accused persons to warrant their being called to enter a defence.He, therefore, urged the court to dismiss the charges and acquit the accused persons.
Responding, prosecution counsel, Sylvester Ogbedu, urged the court to ignore the defence’s arguments and hold that the prosecution has sufficiently proved its case against the accused persons.
After listening to their arguments, Justice Chukwu in his ruling, dismissed the no-case argument, holding that the accused persons had cases to answer.But the Court of Appeal in setting aside the decision of the Federal High Court held that from the evidence adduced by the prosecution at the trial, there was no basis for the refusal of the no-case submission.
It ruled that no evidence was adduced to establish the offence of money laundering against Isoghohi and subsequently discharged and acquitted him of all 32 counts of N15 billion money laundering charge levelled against him.
more details at http://www.akelicious.com/2017/09/court-acquits-transcorps-ex-boss-of.html

Ok

In naija, Wen ur big, ur big abeg.
U can always buy ur way out of trouble.

No case submission

Good for him.

EFCC is a huge joke! No wonder magu has been silent,only Pej and deiziani have been keeping him busy. Olodo rabata!

edunwablog:
The Court of Appeal, Abuja Division, has discharged and acquitted former Group Managing Director of Transcorp Plc, Mr. Tom Iseghohi, of money laundering charges.In a unanimous decision, the court also set aside the decision of the Federal High Court in Abuja dated October 20, 2014, which over-ruled his no-case submission.

The court further dismissed entirely the 32-count criminal charge of money laundering filed against him by the Economic and Financial Crimes Commission (EFCC).The anti-graft commission had arraigned Isoghohi, the former Company Secretary, Mohammed Buba and Deputy General Manager, Mike Okoli, in 2009.
They were tried for fraud and money laundering in connection with the botched acquisition of the Nigerian Telecommunications (NITEL) by Transcorp.Trial began before Justice D.U. Okorowo before it was transferred to Justice Evoh Chukwu.

Consequently, the defendants’ counsel, A. Ozioko, John Egwuonwu and Sunny Tadi, filed a no-case submission, urging the court to dismiss the charge because it established no prima facie case against them.
They argued that the prosecution had failed to make out a prima facie case against the accused persons to warrant their being called to enter a defence.He, therefore, urged the court to dismiss the charges and acquit the accused persons.
Responding, prosecution counsel, Sylvester Ogbedu, urged the court to ignore the defence’s arguments and hold that the prosecution has sufficiently proved its case against the accused persons.
After listening to their arguments, Justice Chukwu in his ruling, dismissed the no-case argument, holding that the accused persons had cases to answer.But the Court of Appeal in setting aside the decision of the Federal High Court held that from the evidence adduced by the prosecution at the trial, there was no basis for the refusal of the no-case submission.
It ruled that no evidence was adduced to establish the offence of money laundering against Isoghohi and subsequently discharged and acquitted him of all 32 counts of N15 billion money laundering charge levelled against him.
more details at http://www.akelicious.com/2017/09/court-acquits-transcorps-ex-boss-of.html

Thank God

Ok

High court convicts, court of appeal acquits.Confusion in our courts will always frustrate war against corruption.The looters are united while d lootees fight on nairaland.I love this zoo.

Finally Justice has been done, the charges were cooked up, unfair and unproven.

Someone just escaped with billions of Naira.

Buhari and APC are jokers.

stealing is not corruption.

Na so

[/b]"In the lead judgment, the Appeal Court further dismissed entirely, the 32-count charge of money laundering brought against him by Economic and Financial Crimes Commission, EFCC."[b] And the anti-corruption charade of the APC continued to lick the dust.Why?-because it's borne out of vendetta while being lopsided to only fight the opposition.Can Prof.Sagay of PACAC now see why the government have been losing high profile antigraft wars in torrents? The fight is not won by media frenzy trials.Meanwhile Magu is just keeping zombies masturbating with Deziani Madueke's charade.The fella is implore to sue for defamation of character.So sad.

Judgment and counter-judgment...Nigeria justice system is quite confusing

Since 2009 what a pitiful country

Money yaff exchange hands

Check my signature to order your football jerseys and get FREE CUSTOMIZATION, YES you heard me right FREE CUSTOMIZATION

One day , My comment will come on top. I will show it to My university teacher, who said that I can't achieve anything in my life.

The younger generation is just bleeped

Just came to check the name of the presiding judge. Wasn't disappointed at all

PointZerom:
Buhari and APC are jokers.

I pray sense should fall on you. Is APC the judge? Defender of corruption

Martins301:


I pray sense should fall on you. Is APC the judge? Defender of corruption

Stupidity is when you praise Buhari and APC for any judgement that goes their way and exonerates them when reverse is the case.

EFCC is the worst organisation in this country, all mouth and no action....

As it pleases the court. A sad reminder that those in authority here prefer brawn over brain.

32 count charge?
discharged n acquitted?
aye mi o

cool.. he has been on trial since 2009