ICPC Arraigns El-Rufai Ally Over Alleged N311bn Money Laundering Scheme
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Amadu Sule, the Managing Director of TMDK Limited, in court for his alleged involvement in a massive N311 billion money laundering scheme. Sule, known for his close association with former Kaduna State Governor Nasir El-Rufai, faces charges including money laundering, unlawful retention of suspect proceeds, and fraud.
The ICPC accuses Sule of controlling the movement of the N311 billion through accounts at Fidel Bank and Stanbic IBTC. The case also implicates El-Rufai's family members, including his elder brother Bashir El-Rufai.
The trial is set to continue with serious implications for those involved.
Plus234Feed summary based on reporting from Daily Post. Read the original report below.
Read full article
Continue on Daily Post
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
ICPC Detains Former Kaduna Governor Nasir El-Rufai
El-Rufai to Face ICPC Over N423 Billion Allegations
ICPC Detains Former Kaduna Governor Nasir El-Rufai
El-Rufai's Arraignment Delayed by ICPC Investigation
ICPC Confirms El-Rufai's Custody Over Financial Probe
El-Rufai in ICPC Custody Over Corruption Allegations
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
