Police arraigns House of Reps member nabbed with $498,100

Police on Wednesday arraigned a member of the House of Representatives from Port Harcourt Federal Constituency 2, Dr. Chinyere Igwe, for alleged money laundering at the Federal High Court, Port Harcourt.

Igwe, who is a major supporter of the Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, was arrested by the police with $498,100 on February 24 in the Rivers State capital.

He was arraigned on a one-count charge of money laundering.

He, however, pleaded not guilty to the charge.

READ ALSO: Alleged N3bn money laundering: Kogi gov’s nephew, wife know fate today as trial resumes

The prosecution counsel, M. N. Nweke, told the court that the lawmaker was caught with the money at about 2:40 p.m., on that day near the Independent National Electoral Commission (INEC) headquarters with a list for the distribution of the money.

Nweke added that the act contravened the Money Laundering Prohibition Act 2011 and is punishable under the same.

Justice Stephen Daylop-Pam ordered that Igwe be remanded in police custody and adjourned the case till March 14 for consideration of his bail application.

Join the conversation


Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *