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Home News Crime

Obiano’s money laundering trial postponed again amid EFCC charges

Court adjourns ₦4bn corruption case to November as EFCC pushes forward

Peculiar Adirika by Peculiar Adirika
July 25, 2025
in Crime
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Obiano's money laundering trial

Obiano’s money laundering trial adjourned to November 25 as EFCC pushes forward with ₦4bn corruption case involving Anambra’s former governor

Obiano’s money laundering trial involving former Anambra Governor Willie Obiano has been postponed to November 25 by the Federal High Court in Abuja.

Also read: Governor’s defection: Atiku aide upsets EFCC over ‘wild’ allegations against agency

The trial was initially scheduled for Thursday but was rescheduled after Justice Mohammed Umar concluded his rulings and left the courtroom.

Obiano is facing a ₦4 billion corruption charge filed by the Economic and Financial Crimes Commission (EFCC).

The case includes allegations of misappropriating ₦1.2 billion in security vote funds and transferring the money to private companies unconnected to the state.

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He was arraigned on January 24, 2024, and pleaded not guilty.

At a previous session, Bureau De Change operator Ayuba Tanko testified that his firms, Sauki BDC and Zigaziga Trading, received ₦416 million under Obiano’s administration.

However, he denied dealing with the ex-governor directly.

Obiano’s legal team had earlier filed a motion to quash the charges, which the court rejected.

Also read: ‘Targeting hoarders’ EFCC goes after BDC operators in Abuja

The EFCC maintains the case includes serious claims of abuse of office and public fund diversion.

Source: Read more at punchng.com

Peculiar Adirika
Peculiar Adirika

Peculiar Adirika is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

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