GOV. SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS.(PHOTOS). #PRESS RELEASE.

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SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS   •Governor charges Commonwealth states to bring capital, technology, expertise to Lagos The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday charged the Commonwealth’s 56 member states to invest in Africa, particularly Lagos, by bringing their capital, technology and other expertise, promising that they will find not just market and opportunity but partner and relationship.   He said the Commonwealth's greatest advantage is not simply its shared language, shared laws or shared history but its people, noting that nowhere is that advantage more vivid, dynamic or consequential than in Africa.   Speaking as a Keynote Speaker at the opening ceremony of the Commonwealth Trade and Investment Summit held at Mansion House, London, on Monday, Governor Sanwo-Olu said Lagos is ready for partnerships and relationships with global investors.   The theme of the opening session is “The Commonwealth's Advantage". ...
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COURT VOIDS N21. 5BN MONEY LAUNDERING CHARGE AGAINST EX-CHIEF OF AIR STAFF AMOSU, OTHERS. (PHOTO).

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 Court voids N21.5bn money laundering charge against ex-Chief of Air Staff Amosu, others


Justice Chukwujekwu Aneke of the Federal High Court in Lagos on Tuesday nullified a criminal charge preferred against a former Chief of Air Staff, Adesola Amosu, and two others over alleged N21.5 billion money laundering.


The Economic and Financial Crimes Commission, EFCC, had re-arraigned the defendants on an amended 13-count charge bordering on money laundering to the tune of N21.5 billion.


Justice Aneke on Tuesday upheld a preliminary objection by the defence counsel challenging the jurisdiction of the court to entertain the case on the grounds that the defendants were serving officers of the military at the time.


It had argued that the defendants were, therefore, only subject to trial by a court martial, since they were still officers during the period.

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