The Digest:
A federal high court in Abuja has acquitted Isabella Mimie Oshodin and her company, Bob Oshodin Organisation Ltd, of money laundering charges filed by the federal government. Justice James Omotosho ruled that the prosecution failed to prove the case beyond a reasonable doubt. The prosecution had alleged the N22.9 billion funds were linked to the office of former National Security Adviser Sambo Dasuki. The court also ruled that key statements were inadmissible under the Administration of Criminal Justice Act.
Key Points:
- The absence of testimony from Dasuki weakened the prosecution's case.
- Oshodin claimed the funds were from legitimate business dealings and youth training programmes.
- She said she refunded N180 million to the government after EFCC inquiries.
- The court held that evidence was speculative and failed to establish the offences.
- All defendants were discharged and acquitted on all 25 counts.
