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EFCC to arraign ex-INEC chairman Maurice Iwu for money laundering

The Economic and Financial Crimes Commission (EFCC) is set to arraign a former Chairman of the Independent National Electoral Commission (INEC), Maurice Iwu.

EFCC’s acting spokesperson, Tony Orilade, confirmed the planned arraignment in a statement in Abuja on Thursday.

He, however, did not disclose when the former INEC chairman would appear in court.

Mr Iwu would be arraigned at a Federal High Court in Lagos on a four-count charge bordering on money laundering.

The former chairman is alleged to have between December 2014 and March 2015, aided the concealment of N1.2 billion.

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The said sum was in the bank account of Bioresources Institute of Nigeria Limited domiciled in the United Bank for Africa, (UBA) PLC.

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