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Court remands Kwara ex-finance commissioner for alleged money laundering


A Federal High Court sitting in Ilorin has remanded the immediate past Commissioner for Finance in Kwara State, Mr. Ademola Banu, in the Economic and Financial Crimes Commission (EFCC) custody.

The Ilorin Zonal Office of the EFCC yesterday arraigned Banu alongside Travel Messenger Company Limited and one Olarewaju Adeniyi on a nine-count charge bordering on alleged money laundering of N411 million belonging to the Kwara State Government.

The accused persons pleaded not guilty when the charges were read to them in court. Counsel to the EFCC, Nnaemeka Omewa, asked for a trial date to enable the accused prove their case but the defence counsel, Gboyega Oyewole and Bamidele Ibironke, however, prayed the court to grant bail to their clients.
Justice Babangana Ashigar, therefore, adjourned the ruling on the bail application till February 10, 2020.

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Ademola BanuEFCC
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