MOJEED ADEKUNLE OWOADE, JCA (Delivering the Leading Judgment): This is an Appeal against the Ruling of the Federal High Court, Abuja, Coram E.S. Chukwu J. delivered on the 20th October, 2014 overruling the no case submission made on behalf of the Appellant.
The Appellant who was one time Company Secretary of Transnational Corporation (Transcorp) Plc was the 2nd Accused in a 32 Count charge of conspiracy to disguise and conceal funds, false pretence, fraudulent issuance of contracts, fraudulent transfers and payments of money, procuring and inducing contrary to Section 17(a) and (c) of the Money Laundering Prohibition Act 2004, Section 1(1) (a) (b) 1(2) and 1(3) of the Advance Fee Fraud and Other Related Fraud Offences Act 2006, and Section 16(a) and (b) of the Money Laundering (Prohibition) Act 2004.
The prosecution called five (5) witnesses. However in relation to the case of the Appellant only the evidence of PW1 was relevant.
At the close of the case for the prosecution, the Appellant…