NBA President defends allegation of N1.4bn money laundering


The president of the Nigerian Bar Association, Mr. Paul Usoro (SAN) who is dogged by claim of laundering N1.4b slush fund for Akwa-Ibom State government has denied the allegation.

Usoro while being interrogated by the Economic and Financial Crimes Commission, according to a statement by the anti-graft agency claimed that the N1.4bn paid into his account by the state government was for the tribunal case which Governor Udom Emmanuel won.

“Indeed, the EFCC had invited Usoro in June this year, to explain his role regarding the inflow of N300m from the Akwa Ibom State Government’s account into the account of Paul Usoro Chambers.

“Usoro was also questioned on the aggregate inflow of N1.1bn from the state government’s account into the bank account of his company.

“Under interrogation, Usoro had claimed that the various sums of money received from the Akwa Ibom State Government under the administration of Governor Udom Emmanuel, were payments for legal fees to him and other eminent members of the Inner Bar and a host of other members of the Outer Bar that he had engaged to work with him in respect of the election petition matter involving the governor,” the statement released by EFCC’s acting spokesman, Mr. Tony Orilade, read in part.

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