Saturday, June 21, 2025
  • Who’sWho Africa AWARDS
  • About Time Africa Magazine
  • Contact Us
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
No Result
View All Result
  • Home
  • WHO’SWHO AWARDS
  • News
  • Magazine
  • World News

Home » News » EFCC Arraigns Obiano Over Alleged ₦4bn Fraud, Pleads Not Guilty, Granted Bail

EFCC Arraigns Obiano Over Alleged ₦4bn Fraud, Pleads Not Guilty, Granted Bail

January 24, 2024
in News
0
541
SHARES
4.5k
VIEWS
Share on FacebookShare on Twitter

Abuja, NIGERIA — The Economic and Financial Crimes Commission (EFCC) has arraigned former Governor of Anambra State, Willie Obiano, on nine counts of alleged N4bn fraud during his time as governor of the South-East state from March 2014 to March 2022.

The 68-year-old was arraigned today (Wednesday) before Justice Inyang Ekwo of the Federal High Court Abuja.

Obiano pleaded not guilty for the money laundering charges levelled against him.

The prosecution said he has 14 witnesses lined up to testify against the former governor.

After his plea, prosecution counsel, Slyvanus Tahir (SAN), asked for a trial date while praying the court for the remand of the defendant in a Correctional Centre pending the date of the trial.

ReadAlso

LEAKED: Inside The Deal That Freed Binance Executive

EFCC Arraigns Top Executives of Sun Trust Bank over Alleged $12m Fraud

However, counsel to the defendant, Onyechi Ikpeazu (SAN), drew the attention of the court to a bail application before the court.

Obiano is currently on administrative bail granted him by the EFCC, which includes providing two sureties who are directors in civil service, own landed properties in Abuja.

ADVERTISEMENT

Justice Ekwo adopted the administrative bail and added that Obiano remains within Federal Capital Territory (FCT) and travel documents be summited to the court going forward.

The court also stated that the immigration be alerted that all travel documents are with the court.

He was arraigned on nine-count charges bordering on money laundering, diversion of funds, stealing and corruption to the tune of N4billion.

Count one of the charge reads: “That you, Chief Willie Maduabuchi Obiano, whilst being the Governor of Anambra State of Nigeria between March 2014 and March 2022, sometime between the 16th February, 2018 and 9th March, 2018 in Abuja, within the jurisdiction of this Honourable Court, did make cash transaction through a non-financial institution by instructing one Uzuegbuna Okagbue, your then Chief Protocol Officer / Deputy Chief of Staff to transfer the aggregate sum of N223,371,000 from the Anambra State Government Security Vote Account No 5030050875 domiciled at Fidelity Bank Plc. into Connought International Services Limited, Fidelity Bank No 5540007709 (a non-financial institution) which was converted to the equivalent of $600,000.00 and collected in cash from one Ayuba Tanko and handed over to you in cash by the said Uzuegbuna Okagbue and you thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 (as amended) in 2012 and punishable under Section 16 (2) (b) of the same Act.”

Count four of the charge reads: “That you, Chief Willie Maduabuchi Obiano, whilst being the Governor of Anambra State of Nigeria between March 2014 and March 2022, sometime between 13th February 2018 and 2nd March 2022, in Abuja, within the jurisdiction of this Honourable Court, indirectly transferred through Mr Willie Nwokoye, your then principal private secretary, the sum of N1,206,760,310 from the Anambra State Government Security Vote Account No: 5030050875 domiciled in Fidelity Bank Plc into the Fidelity Bank Plc Account No: 5600251033 belonging to Moment of Peace Ventures (an entity that had no business relationship with the Anambra State Government) which funds were dissipated for purposes unrelated/unconnected with the security affairs of Anambra State, which you reasonably ought to have known that such funds formed part of the proceeds of your unlawful act, to wit: (Stealing and Corruption) and you thereby committed an offense contrary to Section 15 (2) (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) in 2912 and punishable under Section 15 (3) of the same Act”.

Shortly after he handed over power to Governor Chukwuma Soludo in Marhc 2022, the EFCC had arrested Obiano at the Murtala Muhammad International Airport, Lagos on his way out of the country to Houston, Texas in the United States.

Last November how the EFCC had placed Obiano on a watchlist. The EFCC later granted Obiano bail after five days in detention whilst the anti-graft commission continued the probe of the ex-governor.

Tags: EFCCWillie Obiano
ADVERTISEMENT
Previous Post

Russian Military Plane Crashes, Kills 65 Ukraine Prisoners

Next Post

Explosion Rocks Abuja, Police Speak

You MayAlso Like

News

Chief (Ambr) Uchenna Okafor Celebrates Gov. Oborevwori at 62, Lauds Grassroots-Focused Governance

June 19, 2025
News

Dr. Akpoveta Hails Gov. Oborevwori on 62nd Birthday, Commends Leadership in Health Sector

June 19, 2025
News

Rwanda quits ECCAS amid tensions with DRC

June 19, 2025
News

Buzzy.ng names Njoku Success Joins as Brand Ambassador

June 19, 2025
News

AONN Urges Wike to End Ongoing Strikes in Schools, Health Centres in FCT

June 18, 2025
News

U.S. considers adding more African countries to travel ban

June 17, 2025
Next Post

Explosion Rocks Abuja, Police Speak

Crocodiles Torn Prophet To Pieces While Being Baptised In South African River

Discussion about this post

Chief (Ambr) Uchenna Okafor Celebrates Gov. Oborevwori at 62, Lauds Grassroots-Focused Governance

Trump ‘vetoed plan to kill Iran’s supreme leader’

Co-pilot error suspected in Air India crash

No Check-In, No Shame: Fact-Check Exposes Adams Oshiomhole’s Fabricated Lies Over Air Peace

Implement Electoral Reforms Now — Dr Okobah tells FG

U.S. considers adding more African countries to travel ban

  • British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

    1237 shares
    Share 495 Tweet 309
  • Maids trafficked and sold to wealthy Saudis on black market

    1063 shares
    Share 425 Tweet 266
  • Flight Attendant Sees Late Husband On Plane

    966 shares
    Share 386 Tweet 242
  • ‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

    901 shares
    Share 360 Tweet 225
  • Crisis echoes, fears grow in Amechi Awkunanaw in Enugu State

    735 shares
    Share 294 Tweet 184
  • Trending
  • Comments
  • Latest

British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

April 13, 2023

Maids trafficked and sold to wealthy Saudis on black market

December 27, 2022
Flight Attendant Sees Late Husband On Plane

Flight Attendant Sees Late Husband On Plane

September 22, 2023
‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

March 21, 2023
Chief Mrs Ebelechukwu, wife of Willie Obiano, former governor of Anambra state

NIGERIA: No, wife of Biafran warlord, Bianca Ojukwu lied – Ebele Obiano:

0

SOUTH AFRICA: TO LEAVE OR NOT TO LEAVE?

0
kelechi iheanacho

TOP SCORER: IHEANACHA

0
Goodluck Ebele Jonathan

WHAT CAN’TBE TAKEN AWAY FROM JONATHAN

0

Ryanair Boeing 737 From UK Crashes Into Barrier On Runway At Greek Airport

June 19, 2025

Chief (Ambr) Uchenna Okafor Celebrates Gov. Oborevwori at 62, Lauds Grassroots-Focused Governance

June 19, 2025

Dr. Akpoveta Hails Gov. Oborevwori on 62nd Birthday, Commends Leadership in Health Sector

June 19, 2025

Rwanda quits ECCAS amid tensions with DRC

June 19, 2025

ABOUT US

Time Africa Magazine

TIME AFRICA MAGAZINE is an African Magazine with a culture of excellence; a magazine without peer. Nearly a third of its readers hold advanced degrees and include novelists, … READ MORE >>

SECTIONS

  • Aviation
  • Column
  • Crime
  • Europe
  • Featured
  • Gallery
  • Health
  • Interviews
  • Israel-Hamas
  • Lifestyle
  • Magazine
  • Middle-East
  • News
  • Politics
  • Press Release
  • Russia-Ukraine
  • Science
  • Special Report
  • Sports
  • TV/Radio
  • UAE
  • UK
  • US
  • World News

Useful Links

  • AllAfrica
  • Channel Africa
  • El Khabar
  • The Guardian
  • Cairo Live
  • Le Republicain
  • Magazine: 9771144975608
  • Subscribe to TIME AFRICA biweekly news magazine

    Enjoy handpicked stories from around African continent,
    delivered anywhere in the world

    Subscribe

    • About Time Africa Magazine
    • Privacy Policy
    • Contact Us
    • WHO’SWHO AWARDS

    © 2025 Time Africa Magazine - All Right Reserved. Time Africa is a trademark of Times Associates, registered in the U.S, & Nigeria. Use of this site constitutes acceptance of our Terms of Service.

    No Result
    View All Result
    • WHO’SWHO AWARDS
    • Politics
    • Column
    • Interviews
    • Gallery
    • Lifestyle
    • Special Report
    • Sports
    • TV/Radio
    • Aviation
    • Health
    • Science
    • World News

    © 2025 Time Africa Magazine - All Right Reserved. Time Africa is a trademark of Times Associates, registered in the U.S, & Nigeria. Use of this site constitutes acceptance of our Terms of Service.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.