NBA president in court over alleged N1.4 billion fraud (Guardian)

The President of the Nigerian Bar Association, Paul Usoro, Monday, appeared at the Federal High Court in Lagos over an alleged N1.4 billion fraud.

The Economic and Financial Crimes Commission (EFCC) last Friday filed a 10-count charge against Usoro over an alleged money laundering and other public funds diversion.

“Indeed, the EFCC had invited Usoro in June this year, to explain his role regarding the inflow of N300 million from the Akwa Ibom State Government’s Account into the account of Paul Usoro Chambers, PUC,” EFCC’s acting Spokesman Tony Orilade said on Friday.

“Usoro was also questioned on the aggregate inflow of N1, 110,000,000 from the state government’s account into the bank account of PUC,” he added.

Usoro,  while reacting to the allegations against him on Sunday, said he is innocent of the N1.4 billion money laundering charges brought against him by EFCC and he hasn’t been served.

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