Federal Government To Arraign Embattled Senator On Wednesday

Senator Peter Nwaoboshi who is representing Delta North at the National Assembly, will be arraigned before a federal court in Lagos on Wednesday.
 
Senator Nwaobosho (Photo: PREMIUM Times)
 
 The Economic and Financial Crimes Commission (EFCC), arrested the Senator representing Delta North senatorial district in the National Assembly, Peter Nwaoboshi, over issues bothering on corruption and fraudulent contracts.
 
According to a new report by PREMIUM Times, the anti-graft agency who detained the lawmaker for days is set to arraign him before a federal court in Lagos on Wednesday.
 
A copy of the charge sheet made available to newsmen revelaed that Nwaoboshi is charged alongside his company, Golden Touch Construction Projects Ltd, and Suiming Electricals Ltd on a two count charge of money laundering.
 
Count one of the charge accused the senator and Golden Touch Construction Project Ltd of fraudulently acquiring a property known as Guinea House situated at Marine Road, Apapa in Lagos, between May and June 2014, at a cost N805 million.
 
The charge stated that the defendants ought to have known that N322 million out of the purchase price formed part of the proceeds of an unlawful act under the Money Laundering (Prohibition) Act.
 
Count two of the charge accused Suiming Electricals of aiding Mr Nwaoboshi and Golden Touch Construction Projects Ltd to commit money laundering.
 
The defendants will be arraigned before Mohammed Idris, a judge of the Lagos Division of the Federal High Court