Government News

EFCC Re-Arraigns Two Britons

The Economic and Financial Crimes Commission (EFCC) has re-arraigned two Britons, James Nolan and Adam Quin, who are said to be at large.Both men were arraigned on Thursday before Justice Okon Abang of the Federal High Court in Abuja, the nation’s capital.They are both directors of Goidel Resources Limited, a Designated Non-Financial Institution (DNFI) and ICIL Limited.

The defendants were brought to the court for their alleged involvement in the controversial Process and Industrial Development Limited deal.They were arraigned on 32 counts bordering on money laundering and tax evasion.The EFCC alleged that both men were directors of two companies that failed to report to the anti-graft agency a single deposit of $125,000 into a local account.They were also accused of failing to comply with local requirements to declare their activities to the Federal Ministry of Trade and Investment.The charges relate to the 2010 contract with British Virgin Islands-based P&ID for a 20-year gas development deal.Meanwhile, the court has continued with the cross-examination of the prosecution witness.

By Michael

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.