EFCC TO ARRAIGN BODEJO FOR ALLEGED $2.530 MILLION TERRORISM FINANCING / MONEY LAUNDERING OFFENCES
The Economic and Financial Crimes Commission, EFCC is set to arraign Bello Abdullahi Bodejo before a Federal High Court sitting in Abuja over allegations bordering on terrorism financing and money laundering to the tune of $2.530 million.
The EFCC filed a twelve-count charge before the Federal High Court against Bodejo, alleging him of receiving and possessing large sums of cash in foreign currency linked to proceeds of unlawful activities in contravention of the Money Laundering Prevention & Prohibition Act.
Bodejo, linked to Bauchi State Governor, Bala Mohammed, is expected to take his plea before the court in the coming days as the Commission commences formal proceedings.
All the alleged offences are punishable under various provisions of the Money Laundering and the Money Laundering.
Further proceedings are expected to follow as the Commission awaits the arraignment date.
