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Court clears ex-NBA president of N1.4bn money laundering charges

A Federal High Court in Lagos on Friday acquitted an ex-president of the Nigerian Bar Association Paul Usoro of money laundering charges to the tune of N1.4 billion.

Justice Rilwan Aikawa gave the judgment while ruling on Mr Usoro’s no-case submission.

The judge said the Economic and Financial Crimes Commission (EFCC) failed to establish any prima facie case against Usoro which could prompt him to enter a defence.

Usoro was first arraigned for the alleged offence on December 18, 2018, before Justice Muslim Hassan of the same court.

He was re-arraigned on March 1, 2019, on a 10-count charge bordering on laundering money for Akwa Ibom State Government officials.

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