APC Edo Gov’ship Aspirant, Ize Iyamu Appears In Court Over N700M Fraud Charge.

Pastor Osagie Ize-Iyamu, one of APC aspirant in the forthcoming Governorship election in Edo state, will today appear before the Federal High Court in Benin today over an alleged N700 million fraud charge.

Earlier on, Ize-Iyamu and four others were first arraigned in court, on May 24, 2018, by the Economic and Financial Crimes Commission (EFCC) on an eight-count charge of money laundering to the tune of N700 million reportedly deployed to prosecute the 2015 general elections.

One of the counts read:

That you Pastor Osagie Ize-Iyamu, Lucky Imasuen, Tony Azigbemi, Chief Dan Orbih, Efe Erimuoghae Anthony and Chief Anthony Anenih (now at large) sometime March 2015 in Benin within the jurisdiction of this Honourable Court did directly take possession and control of the sum of 700,000,000.00 (seven hundred million naira) only without any contract award which sum you reasonably ought to have known form part of proceeds of an unlawful act, to wit; fraud and corruption; and thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) Act 2011 (as amended by the Money Laundering (Prohibition) Amendment Act 2012 and punishable under Section 15(3)of the same Act.

The other four accused persons are Lucky Imasuen, former deputy governor of Edo State, Chief Dan Orbih, PDP chairman in Edo State; Tony Aziegbemi, and Efe Erimuoghae.

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