NewStats: 3,262,233 , 8,176,539 topics. Date: Sunday, 01 June 2025 at 01:19 PM 2n112b

IC arrests teacher, Bank officials, lawyer for laundering N550m

The Independent Corrupt Practices and Other Related Offences Commission (IC) said it has arrested a primary school teacher, Roseline Uche Egbuha, three staff of a new generation bank and a lawyer for allegedly laundering N550 million.

This was contained in a statement yesterday in Abuja by the agency spokesperson, Rasheedat Okoduwa

According to Okoduwa, Egbuha, a teacher with Ozala Primary School, Abagana, Anambra State, was earlier arrested in October 2019 by IC and granted istrative bail, after an investigation into her financial transactions consequent upon the receipt of a petition, had shown her involvement in money laundering.

Also in IC custody are a Compliance officer of the bank, Beckley Ojo, an Operations Manager, Chisomaga Daly-Okoro, a staff of the legal department of the bank, Sarah Ugamah and an external lawyer to the bank, Nsikak Udoh. They were alleged to have connived with Egbuha to perpetuate the fraud.

IC, in a series of investigation, found that she had N539.5 million in her alleged to have been proceeds of money laundering from Malaysia. She had told investigators that the money belonged to her 24-year-old son, Chidozie Fabian Ejeaka, whose whereabouts could not be established.

A Post No Debit (PND) was placed on the to allow the IC carry out further investigations, while a case of forfeiture of the suspected proceeds of crime was instituted against her in a court of law. However, Egbuha approached another court to challenge the restriction placed on her , as well as ask for the enforcement of her fundamental human right.

Her fresh arrest with the staff of the bank and the lawyer was due to their alleged connivance in lifting the restriction placed on her and the subsequent transfer of N550 million (principal sum and interest) into the of FBI Legal, a company owned by Egbuha’s lawyer, Ferdinand Isa. The Commission said the money was transferred on 4th June 2020, the same day a court order was said to have been obtained. The money was split and moved into multiple bank s owned by Bureau de Change operators and private individuals.

https://m.guardian.ng/news/ic-arrests-teacher-gtb-officials-lawyer-for-laundering-n550m/

Na wah oh

Where the boy see that kind money in the first place.. he con use him mama wire am ..

To all legit hustlers out there.. patience is the key jare .. if you can't do the time don't do the crime ..

And please in case you need quality and affordable graphic designs for your business.. am here for you ..

Kai...see money!

The money is probably more than what she could spent her entire life saving wtf.

Damn niggaaar come and see how your co bomber disgraced his mom. Will you call him a real nigga or a fake nigaaar??

Lolz! He's a Goddamn fake niggarrr. Awon eyan hushpuppi. Parents should do well and ask questions from their children about the legitimacy of their wealth & riches.

I cannot put my mother in trouble like this. National disgrace oh.... No way.

Why use your mom for your nonsense deals?

It's this kind of people that make legit people look stupid
They'll start shouting God win. Thief ole carry and go

Wonder shall never end

Lets see how the case ends.

DoubleEngine007:
Damn niggaaar come and see how your co bomber disgraced his mom. Will you call him a real nigga or a fake nigaaar??

Why the mother sef no ask where the money come from, but the bank guys bad oh, they vanished 500m within such a short period after getting the court order, but the judge that signed it sef lol and that lawyer is a real one

Mother ing yahoo

DoubleEngine007:
Damn niggaaar come and see how your co bomber disgraced his mom. Will you call him a real nigga or a fake nigaaar??

A real niggga will not involve his mum in this kinda poo bruv... He's a fake niggga. But what do I know? Hell! I'm not even a bomber, so I leave it for Slawormir to do the judging

Na wire!! Offline POS tinz

The truth will come out later, now I know that not everything we read on the media is exactly true..
Some false allegations here!

Annoying country. You don't know the source of the money and yet you're rushing to freeze the , initiate forfeiture processes, and arrest the poor woman. Have you established that the money was proceeds of crime?

So someone abroad cannot send money to his own mother again. Everybody must remain poor. Stupid idiots.

Hmm. Na wa o. Nigeria govt wukwa rubbish. When you are poor, no one investigates you. Any little sum in your , they'll start turning to night watch dogs.

These "criminals" all they do is monitoring Igbo people s out of envy and laziness to make their own money. Have they arrested those Hausa-Fulani kids driving Ferrari, Lamborghini in Abuja with no source of income? Igbo businessmen and women are scared of even keeping money in Nigerian banks as EFCC and IC are watching their s 24/7. Any transfer, even from legitimate business, they will invite you to their office and force you to give them some share from it. Even if you tell them...this is business money for goods; they will still want share. Spits!

Watch as afonjas will start replying me; no other tribe will reply me but afonjas because they are have been trained to evil meted on Igbos, all to hold Igbos back. Only if you know who Igbo people are.

Damnnnnn niggarrr
Isoright

DoubleEngine007:
Damn niggaaar come and see how your co bomber disgraced his mom. Will you call him a real nigga or a fake nigaaar??

Initially, He is a not real niggarrr

But after reading the article
Have concluded he must be a smart and a real niggarrr

DoubleEngine007:
Oh you mean implicating the mom ,makes him a fake nigga,but with the milli milli he stole,he is a real nigga,right?

Why can't you put on your intellectual cap or rather thinking cap and read between lines
Then you will realize he is a real niggarrr
And he is going to get the mother out of that problem in a twinkle of an eye or rather before we say jack Robinson

See one mother What example is she showing now all because of money

People must be rich by any means.

Hmmm

Damnnnnn niggarrr

Is not oright

The woman is a real nigggggaarrr she still succeeded in moving all the money after a PND was placed on the .

Slawormir:
Damnnnnn niggarrr
Isoright

Why are you on every post ?