EFCC arraigns Cubana manager for Money laundering

EFCC arraigns Cubana manager for Money laundering

The Economics and Financial Crime Commission (EFCC) on Wednesday arraigned a manager with Cubana Group, Lucky Uchechukwu Ndukwe, for an offence bordering on conspiracy to launder and money laundering.

THECONSCIENCEng reports that the accused known better as Cubana Prime Minister, was arraigned alongside one Precious Omonkhoa Ofure before Justice O.A. Fadipe of the Special Offences Court sitting in Ikeja, Lagos State, by the Lagos Zonal Command of the EFCC.

The suspects were arrested recently by EFCC operatives following credible intelligence received about their involvement in the fraudulent activity.

Items recovered from them include the sum of $164, 000, iPhone mobile devices and laptop computers.

During their arraignment on Wednesday, Ndukwe of Cubana group “pleaded not guilty”, while Ofure pleaded “guilty” to the charge.

Delivering judgment, Justice Fadipe found Ofure guilty and sentenced him to three years imprisonment with an option of N2m fine and 100 hours of community service.

The judge also ordered the forfeiture of all the items recovered from the convict.

Justice Fadipe also ordered the remand of the Cubana manager in the correctional facility pending the perfection of his bail conditions.

The case was adjourned to October 28, 2022, for commencement of trial.