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COURT REMANDS OKOROCHA OVER ALLEGED MONEY LAUNDERING

The Federal High Court in Abuja on Monday has remanded former Imo State Governor, Sen. Rochas Okorocha for alleged money laundering.

Sen. Okorocha was alleged to have laundered funds to the tune of N2.9 billion while serving as governor of the state.

Charged with 17 counts bordering on money laundering, Sen. Okorocha was arraigned alongside Anyim Nyerere Chinenye, Naphtali International Limited, Perfect Finish Multi Projects Limited, Consolid Projects Consulting Limited, Pramif International Limited, and Legend World Concepts Limited as 2nd to 7th defendants respectively before Justice Inyang Ekwo.

The Governor,

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who was accused of refusal to stand trial, was arrested on Tuesday by the anti-graft agency after about seven-hour siege at his Abuja residence.

Okorocha, through his lawyer, Ola Olanipekun (SAN), had on Friday approached the court on a liberal terms but the request was turned down by the court.

Justice Ekwo ruled that Okorocha and other defendants should be remanded in the EFCC custody and adjourned till Tuesday for the hearing of bail application.

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