Senator Peter Nwaoboshi has been jailed for seven years for N322 million fraud.
The All Progressives Congress senator from Delta State, was jailed by the Court of Appeal in Lagos on Friday.
The court also ordered the lawmaker’s two companies – Golden Touch Construction Project Ltd and Suiming Electrical Ltd – to be wound up.
In 2018, the The Economic and Financial Crimes Commission (EFCC) had arraigned Nwaoboshi and his two firms before Justice Mohammed Idris.
They were then re-arraigned before Chukwujekwu Aneke on October 5, 2018.
N322 million, part of the payment and suspected to be part of proceeds of fraud, was allegedly transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd.
However, in a judgment delivered in June 2021, Aneke held that the agency failed to prove the elements of the offences for which it charged the senator.
The judge also held that the prosecution’s case collapsed because “bank officials were not called to testify”.
Aneke also discharged the companies on the same grounds.
The anti-graft agency filed an appeal.
Delivering judgment on Friday, the appellate court overturned the lower court’s judgment and convicted the senator.
