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Court dismisses Ize-Iyamu’s suit against N700m money laundering case

By Monsurudeen Olowoopejo

A Federal High Court sitting in Benin, Edo State has dismissed the suit filed by All Progressives Congress (APC) former gubernatorial candidate, Osagie Ize -Iyamu, challenging jurisdiction of the Court to hear the N700 million money laundering case brought before it by the Economic and Financial Crimes Commission (EFCC).

The court ruled that it has jurisdiction right to entertain the money laundering charge brought against Ize -Iyamu while vying for governorship seat on the platform of Peoples Democratic Party (PDP) during 2016 election in the state, and four others.

The other defendants are Lucky Imasuen, former deputy governor of Edo State, Chief Dan Orbih, former PDP chairman in Edo State; Tony Aziegbemi and Efe Erimuoghae.

Delivering judgement on Tuesday, Justice M. G Umar said the matter before the Court was money laundering which the Federal High Court has exclusive jurisdiction over and therefore dismissed their application.

The judge, who berated the defendants for filing the motion which he said was intended to waste the time of the Court, adjourned the case till May 18, 2021 for further hearing.

Earlier, the defendants were alleged to have sometime in March 2015 in Benin City directly taken possession of the sum of seven hundred million ( N700, 000,000) without any contract award which sum was allegedly part of the proceeds of an unlawful act.

One of the charges reads: “That you Pastor Osagie Ize-Iyamu, Lucky Imasuen, Tony Aziegbemi, Chief Dan Orbih, Efe Erimuoghae Anthony and Chief Anthony Anenih (now at large) sometime in March 2015 in Benin within the jurisdiction of this Honourable Court did directly take possession and control of the sum of N700,000,000.00 (seven hundred million naira) only without any contract award which sum you reasonably ought to have known form part of proceeds of an unlawful act, to wit; fraud and corruption; and thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) Act 2011 (as amended by the Money Laundering (Prohibition) Amendment Act 2012 and punishable under Section 15(3)of the same Act”.

But when the charge was read before the defendants, they had pleaded not guilty to the charges setting the stage for their trial.

Charles Edosomwan, counsel to the first defendant challenged the jurisdiction of the Court to hear the matter on the grounds that the charges filed against the defendants were based on election matter. He argued that the appropriate Court to try electoral matter was the Magistrate or High Court of the state.

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