Money laundering: Chinese National forfeits $300,000 to Nigerian Govt
Africa & World Politics, Headlines Tuesday, May 12th, 2020![]() Li Yan Pin
|
Justice Babatunde Quadri of the Federal High Court, Abuja, on Monday, ordered the final forfeiture of $300,000, belonging to a Chinese national, Li Yan Pin, to the Federal Government of Nigeria.
The judge had earlier ordered the interim forfeiture of the money following an exparte application filed by the Economic and Financial Crimes Commission, EFCC.
Yan Pin stood trial for a money laundering charge, leveled against him by the EFCC over the said sum.
Intelligence led to his arrest at the Nnamdi Azikiwe International Airport, Abuja, for failing to declare the sum in his possession, as he attempted to board a flight to China en-route Dubai.
-PM Newswp_posts
Related Posts
- Hollywood shocked by Trump’s film tariffs announcement
- Let us do our job, EFCC reacts to protest against Verydarkman’s arrest
- Six Delta Reps Members Dump PDP For APC
- United States National Transportation Safety Board (NTSB) reveals why Herbert Wigwe’s helicopter crashed in California.
- Prime Minister Mark Carney tells Donald Trump that Canada ‘won’t be for sale, ever’
Short URL: https://newnigerianpolitics.com/?p=55405