The All Progressives (APC) Congressional candidate in the September 19, 2020 government survey in Edo state, Pastor Osagie Ize-Iyamu, will appear in court today for alleged fraud of N700 million.
In a money laundering charge of eight Ize-Iyamu and four others before the Federal Supreme Court, Benin City, the Economic and Financial Crimes Commission (EFCC) said the money was handed over to the defendants to process the 2015 general elections.
In the case marked by FHC / BE21C / 2016 and chaired by Judge J. M. Umar, the anti-graft agency said that Ize-Iyamu and the other accused allegedly raised the funds contrary to the provisions of the EFCC Money Laundering Law (Prohibition).
Other defendants on the matter are Lucky Imasuen, former deputy governor of Edo State, chief Dan Orbih, president of the PDP in Edo state; Tony Aziegbemi and Efe Erimuoghae.
“May you Pastor Osagie Ize-Iyamu, Lucky Imasuen, Tony Azigbemi, Chief Dan Orbih, Efe Erimuoghae Anthony and Chief Anthony Anenih (now in general) in March 2015 in Benin, under the jurisdiction of this Court, directly assumed possession and control of the amount of 700,000,000.00 (seven hundred million naira) only without any award of the contract whose amount you should reasonably have known as part of the proceeds of an illegal act; fraud and corruption; and thereby committed an offense contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act of 2011 (as amended by the 2012 Money Laundering Amendment (Prohibition) Act and punishable under Section 15 (3) of the same Law ”, one of the counts read.
The alleged fraud was allegedly committed when Ize-Iyamu was still a member of the Peoples Democratic Party (PDP), before his defection to the APC.
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