EFCC Arraigns Former Port Harcourt, Warri Refinery MDs, Dikko, Yisawu Over Alleged Money Laundering
EFCC Arraigns Former Port Harcourt, Warri Refinery MDs, Dikko, Yisawu Over Alleged Money Laundering By Editor The Economic and Financial Crimes Commission has arraigned the immediate past Managing Directors of Nigeria’s Port Harcourt and Warri refineries, Ahmed Adamu Dikko and Jimoh Yisawu, before the High Court of the Federal Capital Territory in Abuja over alleged money laundering linked to refinery rehabilitation funds. According to court documents filed by the anti-graft agency, Dikko is facing a 12-count charge, while Yisawu is standing trial on an eight-count charge. The charges border on alleged money laundering, abuse of office, concealment of illicit funds, and conducting large cash transactions outside the banking system in violation of Nigeria’s anti-money laundering laws. The EFCC alleged that Ahmed Adamu Dikko, the former Managing Director of the Port Harcourt Refining Company, received suspicious payments from contractors engaged in refinery ...