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N650m fraud: Ex-FCT minister, Akinjide, opts for plea bargain

A former Minister of the Federal Capital Territory, Jumoke Akinjide, who was charged with an alleged fraud of N650m, has indicated her intention to enter into a plea bargain with the Economic and Financial Crimes Commission.

Her lawyer, Chief Bolaji Ayorinde (SAN), told the Federal High Court in Lagos on Tuesday that arrangement was being made for the refund of the N650m.

The EFCC had on January 16, 2018 arraigned Akinjide and two others for allegedly receiving N650m cash from a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, in the build-up to the 2015 general elections.

The anti-graft agency claimed that the funds were proceeds of unlawful activities, adding that Akinjide and others handled the N650m cash without going through any financial institution, contrary to the provisions of the Money Laundering (Prohibition) Act.

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