EFCC arraigns P&ID Director over money laundering
EFCC arraigns P&ID Director over money laundering P&ID, a British Virgin Island firm, had obtained an $8.9billion judgment from a U.K court against Nigeria over a failed gas processing contract that the Federal Government described as fraudulent. The Economic and Financial Crimes Commission (EFCC), on Monday, arraigned a Commercial Director of the Process and Industrial Development (P&ID) Limited, Mohammed Kuchazi, for money laundering, among other offences. A statement by the EFCC said Mr Kuchazi was arraigned alongside his company, Kore Holdings Limited, before Folashade Ogunbanjo-Giwa of ...
Source: premiumtimesng.com