Wednesday, 8 June 2016

$40m Scam: Photos of Jonathan’s Cousin, Azibaola and His wife, Stella in Court as He is Remanded in Prison Over Money Laundering

Justice Nnamdi O. Dimgba of the Federal High Court, Abuja on Tuesday, June 7, 2016 ordered the remand of Azibaola Robert, a cousin of ex- president Goodluck Jonathan in Kuje Prison pending the determination of his bail application.

Azibaola and his wife, Stella, were arraigned alongside their company, One Plus Holding Limited on a seven 7-count charge bordering on money laundering, criminal breach of trust and corruption by the Economic and Financial Crimes Commission. The couples were alleged to have diverted $40million (forty million US dollars) purportedly meant for the supply of tactical communication kits for Special Forces. 

The money was transferred from the account of the Office of the National Security Adviser with the Central Bank of Nigeria to the domiciliary account of their company, One Plus Holdings. The offence is in contravention of Section 8(a) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15 (3) of the same Act". 

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