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Justice Ngwuta granted bail

Justice Sylvester Ngwuta, a Supreme Court judge, was on Monday granted bail by the Federal High Court in Abuja.

Justice Ngwuta who is standing trial on a 16-count charge of money laundering and breaches was granted bail in the sum of N100 million.

He had pleaded not guilty to the charges.

Ngwata was one of the judges arrested by Department of State Service (DSS).

He was alleged to have transferred N505 million to a firm, Nwamba Linus
Chukwuebuka, between January and May this year.

]Justice Ngwuta was also alleged to have instructed a relative to remove exotic cars from his Ebonyi home during investigation.

In addition, two valid diplomatic passports and two standard Nigerian passports were found in his house during the October 8 sting on the building by DSS.

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He was also accused of retaining huge sums of money in local and foreign currencies being proceeds of his unlawful act contrary to the provisions of the Money Laundering Act.

According to prosecution Ngwuta was accused of the concealment of the origin of sums of money found in his house during the raid on his house by DSS between October 7 and 8.

The N505 million was alleged to be part of proceeds of Ngwuta’s “unlawful” activities.‎‎

He was accused breaching provisions of section 18(1)(b) of the Economic and Financial Crimes Commission Act.

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