The Economic and Financial Crimes Commission on Monday, re-arraigned a Commercial Director of the Process and Industrial Development Limited, Mohammed Kuchazi, before Justice Zainab Abubakar of the Federal High Court, Abuja.
![](https://thenigerialawyer.com/wp-content/uploads/2026/09/2026-IDRI-Masterclass.png")
Kuchazi and his company, Kore Holdings Limited, are being prosecuted on an eight-count charge bordering on failure to comply with the regulations of the Special Control Unit against Money Laundering, as stipulated by the Money Laundering Prohibition Act.
At the resumed hearing, the prosecuting counsel, Bala Sanga, told the court that the matter was for arraignment, adding that the defendant was first arraigned before Justice Giwa Ogunbanjo, who has been transferred out of jurisdiction, hence Kuchazi’s re-arraignment.
A statement by the EFCC spokesman, Wilson Uwujaren, titled, ‘P&ID: EFCC re-arraigns director for money laundering breaches,’ said the lawyer requested that the charge be read to the defendant to take his plea.
The defendant reportedly pleaded not guilty to the charges.
“In view of his not guilty plea, Sanga requested a trial date and told the judge that the defendant was granted bail by Justice Ogunbanjo.
“The judge thereafter granted him bail on the same term, and adjourned the matter till February 1, 2022 for trial,” the statement read.
[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
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
______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence
Interested buyers are encouraged to place their orders and enquiries via:
0704 444 4777, 0704 444 4999, 0818 199 9888
Website: www.alexandernigeria.com
