Posted by Amarachi on Thu 11th Jul, 2024 - tori.ng
An EFCC insider disclosed that Mamman faces a 12-count charge, including conspiracy to commit money laundering and possession and use of proceeds from criminal conduct.
Saleh Mamman
The former Minister of Power, Saleh Mamman, will on Thursday, July 11, be arraigned before Justice J. K. Omotosho, by the Economic and Financial Crimes Commission (EFCC) on charges of alleged ₦33 billion money laundering.
According to Channels TV, an EFCC insider disclosed that Mamman faces a 12-count charge, including conspiracy to commit money laundering and possession and use of proceeds from criminal conduct.
The charge documents, signed by prosecution counsel Adeyinka Olumide-Fusika, SAN, and others, reveal that counts 1-2 pertain to conspiracy to commit money laundering; counts 3-4 involve money laundering through cash payments exceeding lawful limits; count 5 addresses the purchase of landed property with cash payments; and counts 6-12 focus on possession and use of proceeds from criminal activities.
The investigation covers the period from 2019 to 2022, during which Mamman served as a minister under former President Muhammadu Buhari.
On May 10, 2021, he was taken into custody and held at the headquarters of the anti-corruption agency in Abuja.
On September 1, 2021, Buhari dismissed Mamman along with the then Minister of Agriculture and Rural Development, Sabo Nanono, as part of a cabinet reshuffle.
Mamman faced allegations of colluding with ministry staff responsible for the Zungeru and Mambilla Hydro Electric Power projects’ accounts to misappropriate around N22 billion.
The investigation revealed properties both in Nigeria and abroad allegedly connected to the suspects, with millions of naira and dollars reportedly recovered.