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EFCC Detain Cubana Manager, One Other For Alleged $164,000 Money Laundering In Lagos

On Wednesday, August 24, 2022, the  Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) detained  Lucky Uchechukwu Ndukwe, a manager with Cubana Group, alongside one Precious Omonkhoa Ofure before Justice Justice O.A. Fadipe of the Special Offences Court sitting in Ikeja, Lagos for an offense bordering on conspiracy to launder money.

EFCC arraigns Cubana manager, one other for alleged $164,000 money laundering in Lagos

Ndukwe, also known as Cubana Prime Minister, and Ofure were arrested recently by operatives of the Commission, following valid intelligence received about their alleged involvement in the fraudulent activity.

EFCC arraigns Cubana manager, one other for alleged $164,000 money laundering in Lagos

Items recovered from them include the sum of $164, 000. 00 (One Hundred and Sixty-four Thousand Dollars), iPhone mobile devices, and laptop computers.

“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
the sum of $164,000 (One Hundred and Sixty-four Thousand Dollars), which form part of $256,314 (Two Hundred and Fifty-six Thousand, Three Hundred and Fourteen United States Dollars) fraudulently obtained by false pretense from one Elena Bogomaz, a Canadian Citizen, and converted the fraudulent money into the United States Dollars with the help of a Bureau De ChangeOperator, 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 offense contrary to Section 330 of the Criminal Law of Lagos State, 2011,” the charge read.

During their judgment, Ndukwe “pleaded not guilty”, while Ofure pleaded “guilty” to the charge.

M.K.Bashir, the prosecution reviewed the facts of the case and prayed that the defendant, Ofure, be sentenced accordingly.

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Delivering judgment, Justice Fadipe found Ofure guilty and sentenced him to three years imprisonment on two counts of conspiracy and money laundering, with an option of a fine in the sum of Two Million Naira (N2,000,000.00) and 100 hours of community service.

The Judge also ordered the forfeiture of all the items recovered from the convict.

Counsel to Udukwe, Chuks Arubalaeze, told the court about an application for bail on behalf of his client.

Justice Fadipe granted him bail in the sum of N5m (Five Million Naira), with two sureties in like sum.

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Mary Ama
Mary Ama
A passionate writer with the sauce. I do that to get you entertained without a 404 page.
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