N2bn fraud trial: EFCC vows to appeal Oronsaye’s acquittal (www.herald.ng)

N2bn fraud trial: EFCC vows to appeal Oronsaye’s acquittal


Stephen Oronsaye of the N2 billion money laundering charge brought against him and others by the commission.

In dismissing the charge, Justice Inyang Ekwo held that the commission failed to establish the charges against the defendants.

Justice Ekwo similarly discharged and acquitted Mr Oronsayes codefendant, Osarenkhoe Afe, the Managing Director of Fedrick Hamilton Global Services Limited.

But the court convicted Mr Afes firm Fedrick Hamilton Global Services Limited and another belonging to pension former Pension reforms chief, Abduralsheed Maina Drew Investment and Construction Company.

The firms were said to have received proceeds of crime.

In a Monday statement, the EFCC said it would appeal the judgement at the Court of Appeal as it believed the trial judge erred by overlooking the evidence of the 21 witnesses called by the prosecution in the course of the trial as well as the confessional statement of one of the defendants, Osarenkhoe Afe.

Oronsayes corruption trial commenced in 2015 when he was docked alongside the Managing Director of Fredrick Hamilton Global Services Limited, Mr.

The Economic and Financial Crimes Commission (EFCC) has vowed to appeal Mondays judgment of the Federal High Court Abuja, which acquitted a former Head of the Civil Service of the Federation (HoS), Mr.


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