EFCC Arraigns Man for N1.5bn Money Laundering Scheme in Lagos Court

EFCC arraigns Bobby Williams for laundering N1.5bn in Lagos. The defendant pleads not guilty and seeks a plea bargain. Trial set for December 2024.

The Economic and Financial Crimes Commission (EFCC) has arraigned Bobby Williams before the Ikeja Special Offences Court over charges of money laundering amounting to N1.5 billion. 

Williams faces four counts of fraud and laundering funds under false pretenses. 

The court heard that Williams received N200 million from Emeka Oscar under the guise of purchasing Bitcoin and also obtained another N483 million from several victims for personal use. 

The defendant pleaded not guilty but is reportedly seeking a plea bargain. The case has been adjourned to December 2024.

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