The trial of the former Chairman of the Independent National Electoral Commission, INEC Professor Maurice Iwu over alleged N1.23 billion money laundering by the Economic and Financial Crimes Commission, EFCC was stalled at the Federal High Court sitting in Lagos on Monday.
The case was stalled because when the matter was mentioned, Professor Iwu was not in court and was not represented by any counsel
The prosecutor was also absent.
Therefore, the Judge was forced to adjourn the case till 24th, September, 2024.
In the charge filed by the EFCC, the former INEC was accused of committing the offence in the build-up to the 2015 general elections.
According to the charge sheet, Iwu between December 2014 and March 27, 2015, allegedly aided the concealment of N1.23 billion in the account of his firm, Bioresources company.
EFCC said he ought to have reasonably known to him that the N1.23 billion formed part of proceeds of an unlawful act, to wit: fraud.”
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