The Economic and Financial Crimes Commission (EFCC) is set to arraign former Minister of Power, Saleh Mamman, on Thursday, July 11, before Justice J. K. Omotosho on charges related to alleged N33 billion money laundering offenses.
An EFCC insider revealed that Mamman faces a 12-count charge, including conspiracy to commit money laundering and possession and use of proceeds from criminal activities. The charges, signed by prosecution counsel Adeyinka Olumide-Fusika, SAN, and others, specify that:
- Counts 1-2 involve conspiracy to commit money laundering.
- Counts 3-4 pertain to money laundering through cash payments exceeding legal limits.
- Count 5 concerns the purchase of real estate with cash payments.
- Counts 6-12 focus on possession and use of proceeds from criminal conduct.
The investigation covers the period from 2019 to 2022, during Mamman’s tenure as minister under former President Muhammadu Buhari.