The Economic and Financial Crimes Commission (EFCC) has intensified its case against former Nigerian Minister of Power, Saleh Mamman, by presenting four new witnesses in Abuja. These Compliance Officers from major banks like Zenith Bank, UBA, GTB, and Wema Bank testified regarding crucial account details. Their testimonies could be pivotal in unraveling the alleged ₦33.8 billion laundering scheme. Source.
This trial, part of broader Lagos news, comes after the EFCC charged Mamman with conspiracy and money laundering. Documents presented to the court confirmed the authenticity of the data related to multiple business entities. The case is adjourned to January 2025, reflecting its complexity and the intricacies involved.
Key Takeaways:
- Compliance Officers from major banks testified, strengthening the EFCC’s case.
- The trial centers on a ₦33.8 billion money laundering scheme.
- The court has scheduled further proceedings for January 2025.
Is Nigeria becoming more efficient in combating financial crimes, or do these cases highlight systemic challenges? Share your thoughts!
