Justice Friday Ogazi of the Federal High Court, Lagos, on Wednesday, ordered the remand of a businessman, Benjamin Emmanuel, at the Ikoyi Custodial Centre of the Nigerian Correctional Service (NCoS) over alleged fraud and money laundering involving ₦87 million.

Emmanuel was arraigned before the court by operatives of the Police Special Fraud Unit (PSFU), Ikoyi, Lagos, in a case marked FHC/L/770c/25.

At Wednesday’s sitting, the prosecutor, Chief Superintendent of Police Yakubu Momoh, told the court that the defendant committed the offences in June 2025.

According to him, Emmanuel acquired, retained, and took possession of funds belonging to one Onibonokuta Evans, knowing that the money formed part of the proceeds of an unlawful act. He alleged that the defendant subsequently converted the ₦87 million for personal use.

Momoh said the alleged acts contravened Sections 18(2)(b) and 18(2)(d) of the Money Laundering (Prevention and Prohibition) Act, 2022, and are punishable under Section 18(3) of the same law.

One of the counts reads:

“That you, Benjamin Umanah Emmanuel, on or about June 2025 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, did directly convert to your own use and benefit the sum of Eighty-Seven Million Naira (₦87,000,000.00), knowing or reasonably ought to have known that the said sum forms part of the proceeds of an unlawful act, and thereby committed an offence contrary to section 18(2)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022, which is punishable under section 18(3) of the same Act.”

The defendant pleaded not guilty to the charge.

Following the plea, Justice Ogazi ordered that he be remanded at the Ikoyi Custodial Centre and adjourned the matter until October 10, 2025, for commencement of trial.

______________________________________________________________________ “Timely And Groundbreaking” — Babalola, Nnawuchi Release Casebook On Privacy & Data Protection In NigeriaA timely new publication, Casebook on Privacy & Data Protection in Nigeria, co-authored by Olumide Babalola and Uchenna Nnawuchi, 📘Casebook on Privacy & Data Protection in Nigeria is now available on Amazon: https://a.co/d/8TmFZrd ______________________________________________________________________ Groundbreaking Guide For Lawyers: Adigwe Publishes ‘Artificial Intelligence For Lawyers’ With Free Research eBook Authored by Ben Ijeoma Adigwe Esq., ACiarb (UK), LL.M, Dip. in Artificial Intelligence, Director at the Delta State Ministry of Justice, Asaba, Nigeria. How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌎 Website: www.benadigwe.com Ebook Version: Access it directly online at https://selar.com/prv626 ______________________________________________________________________ Explore Nigeria’s Constitutional System — 17 Chapters, 924 Pages Of Insight By Prof. Hagler Sunny Okorie
“Constitutional Law and Constitutionalism in Nigeria” By Prof. Hagler Sunny Okorie
Call to Order Your Copy: 📞 0803 766 7945 | 0802 863 6615 | 0803 225 3813 ✉️ haglersoco@gmail.com 🏢 Winners Chambers, 135 Ehi Road, Aba, Abia State ___________________________________________________________________ The books are available for purchase at: Online: www.educodex.com | www.selar.com | www.amazon.com | www.mikeozekhome.com Enquiries: +234 704 044 9375 | +234 814 813 4773 | +234 816 872 3532 Email: educodexl@gmail.com ______________________________________________________________________

[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials

“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.

Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation ______________________________________________________________________ Alexander Payne Co. Law Reports

Contact & Orders 📞 0704 444 4777 | 0704 444 4999 | 0818 199 9888 🌐 www.alexandernigeria.com