EFCC Arraigns Cubana Manager, One Other For Alleged $164,000.00 Money Laundering Case
EFCC Arraigns Cubana Manager, One Other For Alleged $164,000.00 Money Laundering Case
The Economic and Financial Crimes Commission(EFCC) has on Wednesday, August 24, 2022, arraigned Lucky Uchechukwu Ndukwe, a manager with Cubana Group, alongside one Precious Omonkhoa Ofure before Justice Justice O.A. Fadipe of the Special Offences Court sitting in Ikeja, Lagos State, by the Lagos Zonal Command of the EFCC, for an offence bordering on conspiracy to launder and money laundering case.
The above information was made known to the general public via EFCC official instagram page.
According to EFCC, Lucky Uchechukwu Ndukwe, who is also known as Cubana Prime Minister, and Ofure were arrested recently by operatives of the Commission, following credible intelligence received about their involvement in the fraudulent activity.
Report had it that the items recovered from them include; the sum of $164, 000.00 (One Hundred and Sixty-four Thousand Dollars), iPhone mobile devices and laptop computers.
The charge against them reads:
“That you, Precious Omonkhoa Ofure and Lucky Uchechukwu Ndukwe, sometime in 2021 in Lagos, within the jurisdiction of this Honourable Court, did conspire amongst yourselves and laundered an aggregate sum of $164,000 (One Hundred and Sixty-four Thousand Dollars), which form part of $256,314 (Two Hundred and Fifty-six Thousand, Three Hundred and Fourteen United Sates Dollars) fraudulently obtained by false pretence from one Elena Bogomaz, a Canadian Citizen, and converted the fraudulent money into the United States Dollars with the help of a Bureau De Change Operator, which was then credited into the bank account of Casa Cubana Estate Limited and Lucky Uchechukwu Ndukwe respectively for the purchase of two and landed properties and committed an offence contrary to Section 330 of lhe Criminal Law of Lagos State, 2011.”
During their arraignment today, Ndukwe “pleaded not guilty”, while Ofure pleaded “guilty” to the charge.
Consequently, the prosecution counsel, M.K.Bashir, reviewed the facts of the case and prayed that the defendant, Ofure, be sentenced accordingly.
Delivering judgment, Justice Fadipe found Ofure guilty and sentenced him to three years imprisonment on two counts of conspiracy and money laundering, with an option of fine in the sum of Two Million Naira (N2,000,000.00) and 100 hours of community service.
Cubana Manager To Face Trial:
Counsel for Mr Udukwe, Chuks Arubalaeze, told the court about an application for bail on behalf of his client.
Mr Udukwe was granted bail in the sum of N5 million, with two sureties in like sum by Justice Fadipe.
Report also had it that the judge ordered the remand of Mr Udukwe in the correctional facility pending the perfection of his bail conditions and adjourned the case until 28 October for commencement of trial.
Report had it that the items recovered from them include; the sum of $164, 000.00 (One Hundred and Sixty-four Thousand Dollars), iPhone mobile devices and laptop computers.
The charge against them reads:
“That you, Precious Omonkhoa Ofure and Lucky Uchechukwu Ndukwe, sometime in 2021 in Lagos, within the jurisdiction of this Honourable Court, did conspire amongst yourselves and laundered an aggregate sum of $164,000 (One Hundred and Sixty-four Thousand Dollars), which form part of $256,314 (Two Hundred and Fifty-six Thousand, Three Hundred and Fourteen United Sates Dollars) fraudulently obtained by false pretence from one Elena Bogomaz, a Canadian Citizen, and converted the fraudulent money into the United States Dollars with the help of a Bureau De Change Operator, which was then credited into the bank account of Casa Cubana Estate Limited and Lucky Uchechukwu Ndukwe respectively for the purchase of two and landed properties and committed an offence contrary to Section 330 of lhe Criminal Law of Lagos State, 2011.”
During their arraignment today, Ndukwe “pleaded not guilty”, while Ofure pleaded “guilty” to the charge.
Consequently, the prosecution counsel, M.K.Bashir, reviewed the facts of the case and prayed that the defendant, Ofure, be sentenced accordingly.
Delivering judgment, Justice Fadipe found Ofure guilty and sentenced him to three years imprisonment on two counts of conspiracy and money laundering, with an option of fine in the sum of Two Million Naira (N2,000,000.00) and 100 hours of community service.
Cubana Manager To Face Trial:
Counsel for Mr Udukwe, Chuks Arubalaeze, told the court about an application for bail on behalf of his client.
Mr Udukwe was granted bail in the sum of N5 million, with two sureties in like sum by Justice Fadipe.
Report also had it that the judge ordered the remand of Mr Udukwe in the correctional facility pending the perfection of his bail conditions and adjourned the case until 28 October for commencement of trial.
Photos Source: @officialefcc Instagram
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