Skip to content
August 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Alleged Money Laundering: Court To Continue Hearing In ₦700m Case Against Ize-Iyamu
  • National News

Alleged Money Laundering: Court To Continue Hearing In ₦700m Case Against Ize-Iyamu

Admin March 24, 2021
Iyamu

Osagie Ize-Iyamu

The Federal High Court sitting in Benin City has ruled that it has jurisdiction to entertain the money laundering charge brought by the Economic and Financial Crimes Commission (EFCC) against Osagie Ize-Iyamu, the Peoples Democratic Candidate (PDP) governorship candidate in the 2016 governorship election in the state, and four others.

Ize-Iyamu and the other defendants; a former deputy governor of Edo State, Lucky Imasuen,  former PDP chairman, Chief Dan Orbih; Tony Aziegbemi and Efe Erimuoghae were alleged to have sometime in March 2015 in Benin City directly taken possession of the sum of ₦700,000,000 without any contract award which sum was allegedly part of proceeds of an unlawful act.

They had pleaded not guilty to the charges brought against them.

However, the counsel to the first defendant, Charles Edosomwan, SAN, had challenged the jurisdiction of the Court to hear the matter arguing that the appropriate Court to try the matter was the Magistrate or High Court of the state.

Justice Mohammed Garba Umar in his ruling however said the matter before the Court was money laundering which the Federal High Court has exclusive jurisdiction over and therefore dismissed their application adjourning the case till May 18 for further hearing.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Charles Edosomwan Chief Dan Orbih EFCC Efe Erimuoghae Lucky Imasuen Mohammed Garba Umar PDP Tony Aziegbemi

Post navigation

Previous AFREXIMBANK, NEXIM to mobilise $50m support investments in Nigeria
Next APC says demolition of ex-Edo deputy gov, others property not only wicked but cowardly

Related Stories

EU Delegation faults press reports regarding the Electoral Mission for the 2027 general election in Nigeria
  • National News

EU Delegation faults press reports regarding the Electoral Mission for the 2027 general election in Nigeria

August 10, 2026
Flag football: Nigeria to miss Olympic qualifying world championships over visa issue
  • National News

Flag football: Nigeria to miss Olympic qualifying world championships over visa issue

August 10, 2026
Northern community in Anambra says Peter Obi never demolished any mosque
  • National News

Northern community in Anambra says Peter Obi never demolished any mosque

August 10, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

EU Delegation faults press reports regarding the Electoral Mission for the 2027 general election in Nigeria
  • National News

EU Delegation faults press reports regarding the Electoral Mission for the 2027 general election in Nigeria

August 10, 2026
Beyond Elu-Ulee: ADU unveils Awba-Ofemili health awareness campaign 2026, seeks community, Diaspora support
  • Society

Beyond Elu-Ulee: ADU unveils Awba-Ofemili health awareness campaign 2026, seeks community, Diaspora support

August 10, 2026
Stop Fulani ethnic militia or break up Nigeria, by Michael Owhoko
  • Commentaries

Stop Fulani ethnic militia or break up Nigeria, by Michael Owhoko

August 10, 2026
Flag football: Nigeria to miss Olympic qualifying world championships over visa issue
  • National News

Flag football: Nigeria to miss Olympic qualifying world championships over visa issue

August 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.