The Economic and Financial Crimes Commission (EFCC) is set to arraign former Minister of Power, Saleh Mamman, before Justice J. K. Omotosho on Thursday, July 11, for alleged N33 billion money laundering offences.
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According to an insider at the commission, Mamman will face a 12-count charge bordering on conspiracy to commit money laundering and possession and use of known proceeds of criminal conduct.
The charge documents, signed by the prosecution counsel, Adeyinka Olumide-Fusika, SAN, and others, reveal that counts 1-2 border on conspiracy to commit money laundering, while counts 3-4 border on money laundering by cash payment in excess of the lawful limit. Count 5 borders on the purchase of landed property with cash payment, and counts 6-12 border on possession and use of known proceeds of criminal conduct.
The investigation, which spanned from 2019 to 2022, covers Mamman’s tenure as a minister under former President Muhammadu Buhari.
