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HomeMetroEFCC arraigns man over alleged N1.5bn money laundering

EFCC arraigns man over alleged N1.5bn money laundering

The Economic and Financial Crimes Commission charged Bobby Williams with allegedly laundering N1,594,800,000.

Williams was charged with four amended counts of money laundering and fraud brought against him by the EFCC.

Ahmed Yerima, the prosecution attorney, informed the court that Williams committed the alleged crimes between July and September 2022 in Lagos.

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He informed the court that the defendant fraudulently collected N200,900,000 from Mr Emeka Oscar under the guise of purchasing Bitcoin units.
Yerima further stated that Williams received N608,900,000 from a man named Jimoh in July 2022.

He further informed the court that between July and September 2022, the defendant got N151 million, which was placed into his First Bank account by Adegoke Daniel, alias Adetokunbo.
According to the prosecutor, Williams changed N483 million belonging to Morris John, Jimoh, Saka, and other victims for personal benefit.

He went further: “The defendant stole N151m from Adegoke Daniel, also known as Adetokunbo and other victims.”

According to Yerima, the crimes committed violated Sections 332, 1(1)(a), 3(a), 280, and 297 of the Lagos State Criminal Law 2015.

Nonetheless, Williams pled not guilty to all allegations.

The defence attorney had previously told the court of his client’s desire to pursue a plea bargain, saying, “We are in the process of a plea bargain and need more time to finalise the agreement to avoid wasting the court’s time.”

Justice Rahman Oshodi delayed the case to December 3, 2024, for trial.

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