Court Convicts Man Of $96,000 Money Laundering Case, Orders Forfeiture of Funds.
Posted On 19/03/2017
The EFCC, on Thursday June 16, 2016 obtained conviction in a case of Money Laundering brought against one Samuel Duru before Justice M.N Yinusa of the Federal High Court, Enugu. Duru who was arrested by Nigeria Customs Services at the Akanu Ibiam International Airport Enugu was subsequently handed to EFCC for prosecution.
His offence was in contravention of Section 12 of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 2011.
He was charged for failure to declare the sum of Eighty Six Thousand United States Dollars ($86,000.00) out of a total sum of ninety six thousand United States Dollars while travelling to China in December 2015.