The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Thursday, June 28, 2018, arraigned the trio of Ifeanyi Nwaneri, Omede Silas Shehu and Monday Akor before Justice M.S. Hassan of the Federal High Court sitting in Ikoyi, Lagos State on an 11-count charge bordering on money laundering to the tune of N1, 231,105,297.80(One Billion, Two Hundred and Thirty-one Million, One Hundred and Five Thousand, Tw o Hundred and Ninety- seven Naira, Eighty Kobo). The first defendant, Nwaneri, a customer with Access Bank Plc, was alleged to have fraudulently carried out several transactions on the Point of Sales, POS, terminal enabled for international transactions/ cards, which was issued to him by the bank.At the time of his arrest, Nwaneri was said to have withdrawn a sum of N532, 929,914.91 (Five Hundred and Thirty-two Million, Nine Hundred and Twenty-nine Thousand, Nine Hundred and Fourteen Naira, Ninety-one Kobo), leaving a balance of N677, 856,826.80 (...