Court Orders Remand Of Sen. Peter Nwaoboshi In Prison

A Federal High Court sitting in Ikoyi, Lagos on Wednesday ordered the remand of the senator representing Delta North in the National Assembly, Peter Nwaoboshi, in prison.
The remand order was made by Justice Mohammed Idris shortly after Nwaoboshi was arraigned for an alleged fraud of N322m by the Economic and Financial Crimes Commission.
Nwaoboshi, an ally of a convicted former governor of Delta State, James Ibori, was brought before the court amidst heavy security.
The court premises was flooded by scores of his loyalists, who trooped after the arms-bearing policemen as Nwaoboshi was being led into the courtroom for his arraignment.
The lawmaker was charged with two counts alongside two firms - Golden Touch Construction Project Limited and Suiming Electricals Limited.
The charges border on conspiracy and money laundering.
The EFCC, in the charges, claimed that Nwaoboshi and Golden Touch Construction Project Limited purchased a property known as Guinea House, Marine Road, Apapa, Lagos for N805m between May and June 2014.
The anti-graft agency claimed that N322m out of the N805m, which Nwaoboshi and the firm paid for the property, was part of proceeds of "an unlawful act, to wit: fraud."