Justice Babatunde Quadri of the Federal High Court, Abuja, on Wednesday, March 30, 2018 admitted in evidence documents tendered by the Economic and Financial Crimes Commission, EFCC, against a Chinese national, Li Ya Ping, who is facing trial on one count charge for allegedly concealing the sum of $300,000 (equivalent of N108million), while attempting to board a flight to Dubai.
The offence contravenes the dictates of Section 2 (3) (5) of the Money Laundering (Prohibition) Act, 2011 (as amended) which states that:“Transportation of cash or negotiable instruments in excess of $10,000 or its equivalent by individuals in or out of the country shall be declared to the Nigerian Customs Service”.
At the resumed hearing, counsel to EFCC, P. K. Latona presented the fourth witness, Hassan Mohammed Misau.