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Three Motor Dealers Jailed 15 Years For Money Laundering
Fred Omotara, Lagos
Three Motor dealers, Aminu Sahabi, Nasiru Muhammad Dan Yaro and Umar Mohammed have all been sentenced to 15years imprisonment for flouting provisions of the Money Laundering Prohibition Act 2011.
In a statement issued on Saturday, the Economic and Financial Crimes Commission (EFCC) revealed that the trio were convicted by Justice Ahmad Mahmud of the Federal High Court sitting in Sokoto.
According to the statement, “Justice Ahmad Mahmud of the Federal High Court sitting in Sokoto has convicted and sentenced three car dealers: Aminu Sahabi, Nasiru Muhammad Dan Yaro and Umar Mohammed to five years imprisonment each.
“They were jailed on Friday, July 22, 2022 after pleading guilty to one-count separate charge bordering on flouting the provisions of the Money Laundering Prohibition Act 2011 (as amended in 2012), upon being arraigned by the Sokoto Zonal Command of the EFCC.”