Articles

Money Laundering: Federal High Court convicts Kano Businessman

14 Jan 2013

Views: 1,822

Font Size: a / A

2705N.Symbol-of-Justice.jpg - 2705N.Symbol-of-Justice.jpg

Symbol of justice

Ibrahim Shuaibu 

A Federal High Court, sitting in Kano on Monday convicted one Mallam Umar Musa Kibiya, a Kano-based businessman for money laundering to the tune of $40,000, sometime in October last year.

After the accused pleaded guilty to the charges of attempting to launder $40,000 through the Mallam Aminu Kano International Airport (MAKIA) to Cairo, the capital of Egypt, the presiding Judge, Justice Fatu Riman convicted him accordingly.

Alhaji Umar when asked by the EFCC of the amount in his possession, he said it was $40,000 but after a thorough search  of his bag, a sum of additional $40,000 was uncovered bringing  the total amount in his possession to $80,000.
*details to come later

Tags: Business, Nigeria, Featured, money laundering, Federal High Court, Kano Businessman

Comments: 0

Rating: 

 (0)
Add your comment

Please leave your comment below. Your name will appear next to your comment. We'll also keep you updated by email whenever someone else comments on this page. Your comment will appear on this page once it has been approved by a moderator.

Money Laundering: Federal High Court convicts Kano Businessman

14 Jan 2013

Views: 1,822

Font Size: a / A

2705N.Symbol-of-Justice.jpg - 2705N.Symbol-of-Justice.jpg

Symbol of justice

Ibrahim Shuaibu 

A Federal High Court, sitting in Kano on Monday convicted one Mallam Umar Musa Kibiya, a Kano-based businessman for money laundering to the tune of $40,000, sometime in October last year.

After the accused pleaded guilty to the charges of attempting to launder $40,000 through the Mallam Aminu Kano International Airport (MAKIA) to Cairo, the capital of Egypt, the presiding Judge, Justice Fatu Riman convicted him accordingly.

Alhaji Umar when asked by the EFCC of the amount in his possession, he said it was $40,000 but after a thorough search  of his bag, a sum of additional $40,000 was uncovered bringing  the total amount in his possession to $80,000.
*details to come later

Tags: Business, Nigeria, Featured, money laundering, Federal High Court, Kano Businessman

Comments: 0

Rating: 

 (0)
Add your comment

Please leave your comment below. Your name will appear next to your comment. We'll also keep you updated by email whenever someone else comments on this page. Your comment will appear on this page once it has been approved by a moderator.

comments powered by Disqus
comments powered by Disqus