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Money Laundering: Atiku’s Son-in-law Regains Freedom After He Met Bail Terms - Crime - Nairaland

Nairaland Forum / Nairaland / General / Crime / Money Laundering: Atiku’s Son-in-law Regains Freedom After He Met Bail Terms (203 Views)

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Money Laundering: Atiku’s Son-in-law Regains Freedom After He Met Bail Terms by damilola4162(m): 5:30pm On Aug 20, 2019
The People Democratic Party(PDP), presidential candidate, in the 2019 general election, Atiku Abubakar’s son-in- law, Abdullahi Bamidele has regained freedom from the custody of The Economic and Financial Crime Commission(EFCC).

Bamidele was remanded by Federal High Court, sitted in Lagos over allegedly money laundering, was freed on Friday having met the N20 million bail term, imposed by the judge, Nicholas Oweibo and has since returned to the F.C.T, Abuja.

He was released by the Judge(Oweibo) after he pleaded not guilty of the two charges of money laundering, levelledd against him by anti-graft agency.

Meanwhile, Atiku’s lawyer, Mr. Uyeikpen Giwa-Osagie, who is a partner in the law firm of Africal Practice and his brother, Erhunken Giwa-Osagie, who were arraigned by EFCC, over different money laundering are yet to regain freedom as they could not meet bail terms.

After their arraignment and not plea guilty to the three-count charges levelled against them, on Wednesday, the judge, in his ruling, last Thursday ordered that the two defendants should be placed in the custody of their counsel.

EFCC alleged that bamide laundered $140 thousand with the aide of one Bashir Mohammed while Giwa-Osagies( Uyiekpen and his brother) laundered $2million.

They were arraigned on Wednesday, having contravened Section 18(a), 18(c), 1(a), 16(1),(d) of Money Laundering(prohibition) Acts 2011, amended and were punishable under Section 16, 16(2)(b) of the same Act.

However, they were granted bail with the sum of N20 million with one surety each, and their counsel, threes SANs who include Chief Mike Ozekhome for Bamidele and Mr.Raji Ahamed and Mr Norrison Quakers, argued their client’st baill applications.

On the charged levelled against Bamidele(Atiku’s son-in-law) by EFCC on February 20, he was said to have procured and aided one Bashir Mohammed to pay a sum of $140,000 USD, without going through any financial institution.

EFCC also added that on February 12, 2019, the Osagies(brothers) aieded each other and make a cash payment of $2million without passing through any financial institution also.

The trio’s trial have been adjourned till October 8, 2019, by the judge, Justice Oweibo.

Source:https://newspremises.com.ng/2019/08/20/money-laundering-atikus-son-in-law-regains-freedom-after-netting-bail-terms/

Re: Money Laundering: Atiku’s Son-in-law Regains Freedom After He Met Bail Terms by damilola4162(m): 6:51pm On Aug 20, 2019
Cc lasticalala, Seun Mynd44

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