The planned arraignment of former Managing Director of Warri Refining and Petrochemical Company Limited (WRPC), Jimoh Yisawu, on alleged money laundering allegations stalled before the Federal High Court in Abuja on Friday.
The court rescheduled the arraignment for 20 July as the trial judge, Inyang Ekwo, was said to be away on an official engagement.
The Economic and Financial Crimes Commission (EFCC) brought eight money laundering charges that stemmed from Mr Yisawu’s activities during his tenure as managing director of the Warri refinery and his service as a public officer with the Nigerian National Petroleum Company (NNPC) Limited.
The postponement of Mr Yisawu’s arraignment comes a day after the EFCC arraigned former Managing Director of Port Harcourt Refining Company Limited (PHRC), Ahmed Dikko, on Wednesday, on 12 counts of money laundering.
Judge Ekwo, who also oversees Mr Dikko’s trial, granted him bail in the sum of N150 million with one surety and fixed 12, 13 and 14 October for the commencement of trial.
