PDP Reps member arraigned for money laundering

The Rivers State Police Command has arraigned a member of the House of Representatives representing Port Harcourt II Federal Constituency, Chinyere Igwe, before the Federal High Court sitting in Port Harcourt, the state capital, for alleged money laundering.

Igwe, a member of the Peoples Democratic Party (PDP), was arrested by police operatives in Port Harcourt a day before the February 25 presidential and National Assembly elections with $498,100 cash.

The federal lawmaker was arrested with a list for the distribution of the money.

READ ALSO: PDP Reps member, Chinyere Igwe, arrested with $498,100 in Rivers

However, the police, in the charge sheet, said Igwe was seen in possession of $498,100 on February 24, 2023, without reporting to the Central Bank of Nigeria (CBN).

The lawmaker pleaded “not guilty” when the charge was read to him on Wednesday.

His lawyer made an application for bail but the police raised some objections.

The presiding judge, Justice Stephen Daylop-Pam, after listening to the arguments and submissions, adjourned the matter till March 14, 2023, for bail consideration.

Justice Daylop-Pam also directed that Igwe be sent to Nigerian Police Clinic for attention on a medical report about his health.

The Star