Scale of justice

Money laundering

FRN vs Nasiru Muhammad Dan Yaro

Humans

Nasiru Muhammad Dan Yaro

Money bag

Money laundering

Money bag

Case Summary
The accused, allegedly failed to submit a declaration of his activities: requirement of customers identification and the submission of returns on transactions to the Special Control Unit Against Money Laundering.

Calendar

0
Year(s) case tried in court

Gavel

Case Update
In view of the defendant plea, the trial Judge, convicted and sentenced him to 5years imprisonment with an option of fine of N125,000.00 (One Hundred and Twenty Five Thousand Naira). The court also fined each of the companies: Aminu Sahabi Investment Nigeria Limited and Nagarta Motors N125,000.00.

Court house

Hon. Justice Ahmad Mahmud
Federal High Court, Sokoto, Sokoto

Legislation

ACJA/ACJL Compliance
(complied)

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Case Information
Nasiru Muhammad Dan Yaro
Presiding Judge & Designated Court
Hon. Justice Ahmad Mahmud, Federal High Court, Sokoto, Sokoto
Nature and Number of Charges
1-count charge bordering on flouting provisions of the Money Laundering.
Date of 1st Arraignment
Jul 22, 2022
Summary of Case
The accused, allegedly failed to submit a declaration of his activities: requirement of customers identification and the submission of returns on transactions to the Special Control Unit Against Money Laundering.
Defendant(s) and Plea entered on Arraignment
1. Nasiru Muhammad Dan Yaro – Guilty
Defence Counsel(s)
1. Ibrahim Hussein (Lawyer)
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
1. S. H. Sa'ad (Lawyer)
Status of Case
Decided
Decision
Convicted
Length of Trial
0 year(s)
ACJA/ACJL Compliance
Complied
Court Decision
In view of the defendant plea, the trial Judge, convicted and sentenced him to 5years imprisonment with an option of fine of N125,000.00 (One Hundred and Twenty Five Thousand Naira). The court also fined each of the companies: Aminu Sahabi Investment Nigeria Limited and Nagarta Motors N125,000.00.
Download Case Summary