EFCC arraigns Cubana manager for money laundering, partner Precious Ofure convicted

 

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraignedLucky Uchechukwu Ndukwe, a manager with Cubana Group.

Ndukwe was arraigned alongside Precious Omonkhoa Ofure before Justice O. A. Fadipe of the Special Offences Court in Ikeja, Lagos.

The suspects were charged with two counts of conspiracy to launder and money laundering.

Ndukwe, a.k.a. Cubana Prime Minister and Ofure were arrested following intelligence about their involvement in fraud

The sum of $164,000, iPhone mobile devices and laptop computers were recovered from them.

The money was part of $256,314 obtained by false pretence from one Elena Bogomaz, a Canadian Citizen.

The funds were converted to United States dollars through a Bureau De Change Operator and then credited into the bank accounts of Ndukwe and Casa Cubana Estate Limited.

Casa Cubana Estate, under the Cubana Group, is owned by popular socialite Obinna Iyiegbu better known as Obi Cubana.

The transfer was for the purchase of two landed properties. The offence contrary to Section 330 of the Criminal Law of Lagos State, 2011.”

During their arraignment, Ndukwe “pleaded not guilty”, while Ofure, arrested late last year, pleaded “guilty” to the charge.

The prosecution counsel, M. K. Bashir reviewed the facts of the case and prayed that Ofure is sentenced accordingly.

Justice Fadipe found Ofure guilty and sentenced him to three years imprisonment on the two counts.

Ofure was given an option of a N2million fine and 100 hours of community service. The convict forfeits all items recovered from him.

Counsel to Udukwe, Chuks Arubalaeze, told the court about an application for bail on behalf of his client.

Justice Fadipe granted the defendant bail in the sum of N5million with two sureties in like sum.

Udukwe has been sent to a correctional facility pending the perfection of his bail condition. The case resumes on October 28, 2022.

CONCLUSION

 

Friends, Jesus is coming soon.  It's the loving-kindness of God that He has kept you alive till now and given you time to hear the gospel. If you have not yet received Him as Lord and Saviour, I plead with you to do it now.  

Today is the day of salvation. Tomorrow could be too late. 

Say this simple prayer: 

Heavenly Father, I come to You in the name of Jesus Christ.

I believe Jesus died for my sins and rose again for my justification. I repent of my sins and ask for forgiveness. I ask Jesus to come into my heart and reign as my Lord and Saviour.   

 

I receive Him by faith and I am born again.

FIRE...

https://dailypost.ng/2022/08/24/efcc-arraigns-cubana-manager-for-money-laundering-partner-precious-ofure-convicted/