Nigerian Court Orders South African To Forfeit $374,355 For Money Laundering
SAN FRANCISCO, March 04, (THEWILL) – Justice C.M.A Olatoregun of the Federal High Court, sitting in Lagos, has convicted a South African, Ngqula Nosisi Pam, for money laundering and ordered that the convict forfeit the entire sum of $374,355.00 to the Federal Government of Nigeria.
The convict had been arraigned by the Economic and Financial Crimes Commission (EFCC) on February 1, 2016, after her arrest at the Murtala Muhammed International Airport when airport officials found huge cash on her.
The convict had earlier pleaded 'not guilty' to the charges, but later changed her plea to 'guilty' and was consequently convicted by the court on Friday.
The judge also ordered the EFCC to remit the money to the Federal Government Account within 29 days and file notice of remittance at the court and admonished the convict to shun illegality in the future.
Details from the court proceedings reveal that the one count charge so reads:
“That you Ngqula Nosisi Pam on or about March 24, 2015 at Murtala Muhammed International Airport within the jurisdiction of the Federal High Court had in possession, cash in the sum of $374,355.00, which you transported from the Republic of South Africa to Lagos and failed to declare the sum of $374,355.00 to the officers and men of the Nigeria Customs Service as required under the provisions of section 2(3) of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012 and thereby committed an offence punishable under section 2(5) of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012.”
Story by David Oputah