EFCC to arraign Obiano over alleged ₦4bn fraud

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Report has it that the Economic and Financial Crimes Commission, EFCC will on today, arraign the former governor of Anambra State, Willie Maduabuchi Obiano before Justice I. E Ekwo of the Federal High Court Abuja.

It was gathered that Obiano would be arraigned on nine count charges bordering on money laundering to the tune of four billion, eight million, five hundred and seventy-three thousand, three hundred and fifty naira, N4,008,573,350.

The EFCC Director of Legal and Prosecution, Slyvanus Tahir, SAN, will lead 8 other counsels in the trial of the former governor.

A source in the Anti-graft agency claimed that the former governor allegedly moved the said sum from the security votes into different accounts.

He added that the money at various times was changed into dollars and returned to Obiano by cash

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