A Federal High Court sitting in Abuja has discharged and acquitted the wife of a former Managing Director of Pipelines and Products Marketing Company, Haruna Momoh and five others on money laundering related charges.
The Court also ordered the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to unseal all properties belonging to her.
In a judgement, Justice Taiwo Taiwo held that the prosecution failed to discharge the burden of proving its case against the defendants beyond a reasonable doubt.
The Independent Corrupt Practices and other related offences Commission (ICPC), had filed a 22 counts against Mrs. Momoh and her co-defendants, Blessing Azuka-Agozi, StanbicIBTC Bank Plc, Energopol Nigeria Limited, Blaid Construction Limited and Blaid Farms Limited.
According to ICPC, the former PPMC managing director in a suit marked FHC/ABJ/CR/278/2019, was accused to have laundered the sum of N3 billion through his wife’s companies Blaid Construction and Blaid Farms.
Azuka Agozi was alleged to have reneged on her promise to provide ICPC’s investigators with documents relating to the contracts Energopol Ltd allegedly executed for the PPMC, for which it was allegedly paid huge sums.