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Court jails four over $5.2 million money laundering scheme in Lagos
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News Archives | Premium Times Nigeria
The Federal High Court in Lagos has convicted and sentenced four persons to prison for their roles in a money laundering scheme involving more than $5.2 million.
They were separately arraigned on two counts of money laundering under the Money Laundering (Prevention and Prohibition) Act, 2022.
Mr Emmanuel was sentenced to four months’ imprisonment, followed by three months of community service.
Ms Garuba received four months’ imprisonment and 15 months of community service.
Mr Yusuf was sentenced to four months’ imprisonment, three months of community service and ordered to forfeit N800,000.