THE Economic and Financial Crimes Commission – EFCC, have arraigned one Prof Uche Edwin for an alleged N1.4bn fraud.
Pro Edwin appeared before Justice Nicholas Oweibo of the Federal High Court sitting in the Ikoyi area of Lagos on Thursday.
He was arraigned alongside his companies, Visionary Integrated Consulting Limited, NEMAD Associates Limited and Revamp Global Enterprise, on 11 counts bordering on conspiracy, retention and conversion of funds to the tune of N1, 473,367,046.04.
According to a statement by EFCC spokesman, Wilson Uwujaren, the prosecutor said the offences committed contravened Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) of the same Act.
Edwin pleaded “not guilty” to the charges.
In view of his plea, the prosecution counsel, C. C.Okezie, asked the court for a trial date and also prayed that the defendant be remanded.
The matter was adjourned till June 27, 2023 for the commencement of trial.