EFCC Arraigns Ex-Port Harcourt Refinery MD over Money-laundering Allegations
Alex Enumah in Abuja
The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned the former Managing Director of the Port Harcourt Refining Company (PHRC), Mr Ahmed Dikko, before the Abuja division of the Federal High Court.
Dikko was arraigned alongside a company, Masterpiece Projects & Investment Ltd, on a 12-count criminal charge bordering on money-laundering.
According to the charge, Dikko was alleged to have used about N218.4 million to acquire a property in Katampe extension in Abuja, without passing the funds through a financial institution, contrary to the Money Laundering (Prevention and Prohibition) Act, 2022.
