The Economic and Financial Crimes Commission (EFCC) has terminated the money laundering case filed against Ayo Oke (pictured), former director-general of the National Intelligence Agency (NIA) over the discovery of $43 million, £27,000 and N23 million in an Ikoyi flat.
On Friday, June 9, Chukwujekwu Aneke, the presiding of the federal high court in Ikoyi, Lagos, struck out the case.
The termination was initiated by the EFCC, with no objection from the defence team led by Kayode Ajulo of the Castle of Law Chambers.
The case was terminated on national security grounds.
Former President Muhammadu Buhari reportedly approved the termination of the case before he left office.
In April 2017, EFCC said it had discovered $43 million, £27,000 and N23 million stashed in a flat on Osborne Road in Ikoyi after a tip-off from a whistle blower.
Following reports that the monies belonged to the NIA, TheCable subsequently reported that the agency had collected $289,202,382 in cash for special operations from the account of the National Petroleum Investment Management Services (NAPIMS) at the Central Bank of Nigeria (CBN) in February 2015.
Peoplesmind