The All Progressives Congress (APC) lawmaker representing Delta North, Senator Peter Nwaoboshi, has been arrested and remanded in prison by the operatives of the Economic and Financial Crimes Commission (EFCC).
This was disclosed in a statement on the anti-graft agency’s social media platforms on Wednesday.
The EFCC said the lawmaker representing Delta North in the National Assembly is finally serving a jail term.
The statement reads, “The Senator representing Delta North in the National Assembly, Peter Nwaoboshi, who has been on the run months after the Court of Appeal Lagos Division convicted and sentenced him to 7 years imprisonment for money laundering, is finally in prison custody.
“The lawmaker who was intercepted by operatives of the Economic and Financial Crimes Commission, EFCC, at a Hospital in Lagos on Monday, February 6, was finally remanded in Ikoyi Custodial Centre today, February 8, 2023, to commence his prison term,” the Commission said.
“The Court of Appeal judgment that convicted Nwaoboshi followed an appeal by the EFCC against the judgment of Justice Chukwujekwu Aneke of a Federal High Court in Lagos, which had on June 18, 2021, discharged and acquitted the lawmaker and his companies.
“Nwaoboshi and his companies illegally acquired a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million.
“Part of the money paid for the property was transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd. The funds are believed to be proceeds of the illicit activities of the convict.”