APC Governorship Candidate in Edo, Osagie Ize-Iyamu, Arraigned in Court Today Over Alleged N700m Fraud Case

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Pastor Osagie Ize-Iyamu, the APC candidate in the 19th September, 2020 Edo State gubernatorial election, will be arraigned before the Federal High Court, Benin City today 2nd July over an alleged N700 million fraud case.

Ize-Iyamu is standing trial alongside four others before Justice J. M. Umar of the Federal High Court, Benin City.

The other four accused persons are Lucky Imasuen, former deputy governor of Edo State; Chief Dan Orbih, PDP chairman in Edo State; Tony Aziegbemi, and Efe Erimuoghae.

They are being tried in court by the Economic and Financial Crimes Commission (EFCC) on an eight-count charge of money laundering to the tune of N700 million which was reportedly deployed to prosecute the 2015 general elections.

The anti-graft agency in the suit marked FHC/BE21C/ 2016, claim that Ize-Iyamu and the four other accused persons took the public funds for the polls, contrary to the provisions of the EFCC Act and the Money Laundering (Prohibition) Act.

One of the counts read:

“That you Pastor Osagie Ize-Iyamu, Lucky Imasuen, Tony Azigbemi, Chief Dan Orbih, Efe Erimuoghae Anthony and Chief Anthony Anenih (now at large) sometime March 2015 in Benin within the jurisdiction of this Honourable Court did directly take possession and control of the sum of 700,000,000.00 (seven hundred million naira) only without any contract award which sum you reasonably ought to have known form part of proceeds of an unlawful act, to wit; fraud and corruption; and thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (Prohibition) Act 2011 (as amended by the Money Laundering (Prohibition) Amendment Act 2012 and punishable under Section 15(3)of the same Act.”

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