A Federal High Court sitting in Abuja, has adjourned until the 19th of next month, for the arraignment of Directors in five companies for money Laundering and breach of Public procurement law in relation to a multi-Billion naira contract in the Cargo Tracking Note of Nigeria.
The Managing Director of Nigerian Rural Electrification Agency, Ahmed Salihijo and four other companies are among those to be arraigned.
The case was instituted against the five companies for their non declaration of activities of their companies as specified under the money Laundering prohibition act of 2011 and punishable under the same act.
Counsel to Plaintiff, Bala Sanga during an interview with journalists, said he filed a criminal charge against the five companies because they broke the provisions of the law.
The judge, Justice James Omotoso adjourned for arraignment after listening to parties in the matter.
