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EFCC Arraigns Cubana Manager Over Alleged $164,000 Money Laundering

A manager with Cubana Group, Lucky Uchechukwu Ndukwe, has been arraigned by the Economic and Financial Crimes Commission (EFCC) for alleged fraud. He was arraigned on Wednesday, August 24 alongside one Precious Omonkhoa Ofure before Justice O.A. Fadipe of the Special Offences Court sitting in Ikeja, Lagos State. Operatives of the Lagos Zonal Command of the EFCC had arrested Ndukwe, better known as Cubana Prime Minister, and Omonkhoa, following credible intelligence received about their involvement in the fraudulent activity. Items recovered from them include the sum of $164, 000. 00 (One Hundred and Sixty-four Thousand Dollars), iPhone mobile devices and laptop computers.

The charge sheet reads: “That you, Precious Omonkhoa Ofure and Lucky Uchechukwu Ndukwe, sometime in 2021 in Lagos, within the jurisdiction of this Honourable Court, did conspire amongst yourselves and laundered an aggregate sum of $164,000 which form part of $256,314 fraudulently obtained by false pretence from one Elena Bogomaz, a Canadian Citizen, and converted the fraudulent money into the United States Dollars with the help of a Bureau De Change Operator, which was then credited into the bank account of Casa Cubana Estate Limited and Lucky Uchechukwu Ndukwe respectively for the purchase of two and landed properties and committed an offence contrary to Section 330 of lhe Criminal Law of Lagos State, 2011.”

Ndukwe “pleaded not guilty” during the arraignment while his co-defendant pleaded “guilty”. The prosecution, M.K.Bashir, consequently reviewed the facts and prayed the court sentence Ofure accordingly. In the judgement, Fadipe found Ofure guilty and convicted him. He was sentenced to 3 years imprisonment on two counts of conspiracy and money laundering, with an option of fine in the sum of N2,000,000.00 and 100 hours of community service. The court also ordered the forfeiture of all the items recovered from the convict.

But Justice Fadipe granted him bail in the sum of N5,000,000 (Five Million Naira) with two sureties in like sum. The judge also ordered the remand of Ndukwe in the correctional facility pending the perfection of his bail conditions. The case was adjourned to October 28, 2022.

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