A Federal High Court sitting in Abuja has discharged and acquitted Mrs Ochuko Momoh, wife of former Managing Director (MD) of Pipelines and Products Marketing Company (PPMC), Haruna Momoh, of alleged N3Bn fraud.
Gatekeepers, an online newspaper, reports that in a judgment on Thursday, Justice Taiwo Taiwo acquitted Ochuko and five others on money laundering related charges.
Justice Taiwo, who held that the prosecution failed to discharge the burden of proving its case against the defendants beyond a reasonable doubt, ordered the discharge of an earlier interim forfeiture order made against Ochuko and her two firms – Blaid Construction and Blaid Farms.
The Judge noted that the case of the ICPC was based on mere speculation and conjecture.
The Independent Corrupt Practices and other related offences Commission (ICPC) had brought Ochuko Momoh alongside Blessing Azuka-Agozi, StanbicIBTC Bank Plc, Energopol Nigeria Limited, Blaid Construction Limited, and Blaid Farms Limited before a Federal High Court in Abuja to be tried on a 22-count charge.
•Source: Gatekeepers News