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Lagos: Court jails man over $5,000 money laundering

by Present Nigeria
July 3, 2025
in News
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Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt
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Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos, has sentenced a man, Mbonu Somto, to one year imprisonment for his involvement in a money laundering offence.

The conviction followed Somto’s arraignment on Tuesday, July 1, 2025, on a one-count charge filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC.

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The charge involved the laundering of $5,000, Five Thousand United States Dollars.

Further details of the proceedings are expected to be released in due course

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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