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EFCC arraigns Obiano on N4bn fraud allegation


The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned Willie Obiano, the immediate past governor of Anambra State, before Justice Inyang Ekwo of the Federal High Court in Abuja on charges bordering on money laundering to the tune of N4bn.

Appearing before the court, the former governor pleaded not guilty to the charges presented by the anti-graft agency.

Following the plea, Sylvanus Tahir, the counsel representing the EFCC, requested the court to remand Obiano in custody pending the commencement of the trial.

The court, however, granted Obiano an administrative bail which included providing two sureties holding directorial positions in the civil service and possessing landed properties in Abuja.

Justice Ekwo emphasised that Obiano must stay within the Federal Capital Territory (FCT) and submit his travel documents to the court for the foreseeable future.