• Contact Us
  • About Us
Monday, December 22, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

EFCC arrest Atiku’s Lawyer, Son in-law

metro by metro
August 9, 2019
in News
0
0
SHARES
0
VIEWS
Uyi Giwa Osagie
Uyi Giwa Osagie

The Economic and Financial Crimes Commission (EFCC)has arrested two persons close to Nigerian opposition leader, Atiku Abubakar.

Uyi Giwa Osagie, a longtime legal adviser to Mr Abuakar, and Abdullahi Babalele, the former vice-president’s son in-law, were taken into custody on Thursday evening, according to multiple sources familiar with the development.

Read Also

Amid Brewing Backlash, Trump Set To Expand Immigration Crackdown In 2026

Anthony Joshua Floors Jake Paul In 6th Round Of Heavyweight Bout, Opponent Hospitalised After Defeat

Rep Raises Alarm Over Discrepancies In Gazetted Tax Laws

They were arrested after honouring an EFCC invitation in Lagos, sources said.

A spokesperson for the EFCC, Tony Orilade, told PREMIUM TIMES he needed additional time to give official comments about the arrest.

But PREMIUM TIMES learnt the commission was set to arraign Mr Giwa-Osagie for alleged money laundering.

PREMIUM TIMES learnt the charges against Mr Giwa-Osagie are as follows:

COUNT 1

That you UYIEKPEN GlWA-OSAGIE and ERHUNSE GlWA-OSAGIE, sometimes in February, 2019 in Nigeria within the jurisdiction of this Honourable Court conspired to commit an offence to wit: making cash payment of the sum of $2,000,000.00 (Two Million United State Dollars) without going through financial institution which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 18(a), and 1(a) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act.

COUNT 2

That you UYIEKPEN GIWA-OSAGIE on or before the 12th day of February,2019 in Nigeria within the jurisdiction of this Honourable Court, procured ERHUNSE GIWAOSAGIE to make cash payment of the sum of $2,000,000.00 (Two Million United State Dollars) without going through financial institution, which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Section 18(c) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 16(2)(b) of the same Act.

COUNT 3

That you ERHUNSE GlWA-OSAGIE sometimes in February, 2019 In Nigeria within the jurisdiction of this Honourable Court made the payment of the sum of $2,000,000.00 (Two Million United State Dollars) without going through financial institution, which sum exceeded the amount authorized by Law and you thereby committed an offence contrary to Sections 1(a). & 16(1).(d) of the Money Laundering(Prohibition) Act, 2011 (As Amended) and Punishable under section 16 of the Same Act.

It came about five months after Messrs Babalele and Giwa-Osagie were detained for several days while being questioned in a multi-million dollar money laundering probe.

He was reportedly arrested after a bureau de change operative allegedly identified him as the owner of $2 million found in its possession. The commission alleged the money was to be used for the 2019 elections.

The duo denied the allegations, and critics saw the probe as politically-motivated, especially as it came during the hotly-contested presidential election.

Mr Abubakar had also condemned the investigation as an attempt to intimidate him at the time. But the anti-graft office rejected insinuations of political influence over its activities.

A source familiar with the investigation told PREMIUM TIMES today’s development might be a continuation of the earlier probe, although this had not been officially confirmed by EFCC sources.

Tags: EFCCEFCC arrest Atiku’s LawyerUyi Giwa Osagie
Previous Post

Naira weakens as falling oil prices tightened liquidity on currency market

Next Post

Ambode debunks alleged N9.9 billion fraud

Related Posts

Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Amid Brewing Backlash, Trump Set To Expand Immigration Crackdown In 2026

December 21, 2025
Anthony Joshua Floors Jake Paul In 6th Round Of Heavyweight Bout, Opponent Hospitalised After Defeat
News

Anthony Joshua Floors Jake Paul In 6th Round Of Heavyweight Bout, Opponent Hospitalised After Defeat

December 20, 2025
Don’t Add Social Media Handles On ‘KYC’ Requirements, Reps Order CBN
News

Rep Raises Alarm Over Discrepancies In Gazetted Tax Laws

December 17, 2025
Ahead Of Agreed Minimum Wage, President Tinubu To Send Bill To NASS, Takeaways From Anniversary Broadcast
Breaking

FG Makes Tax ID Mandatory For Nigerians To Operate Bank Accounts From January 2026

December 12, 2025
Next Post
Ambode

Ambode debunks alleged N9.9 billion fraud

Whiplash: How Trump’s Threat To Strike Nigeria Further Reshuffles Pentagon Priorities 

US Suspends Green Card, Citizenship Applications For Nigerians Under Expanded Travel Restriction Policy

December 21, 2025
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

Amid Brewing Backlash, Trump Set To Expand Immigration Crackdown In 2026

December 21, 2025
Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth

Heirs Energies Agrees $750m Afreximbank Financing For Long-Term Growth

December 21, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version