EFCC Arraigns Ex-Harmony Investments Director Over Money Laundering

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Group Executive Director of Harmony Investments and Property Development Company Limited, Adebayo Sanni, before Justice Abimbola Awogboro of the Federal High Court in Ilorin, Kwara State.

Sanni is facing a seven-count charge bordering on alleged money laundering involving N32.1m.

Sanni, who served as a Group Executive Director of the Kwara State government-owned property development firm, was previously arrested by the EFCC’s Ilorin Zonal Directorate over allegations of fraudulently selling landed properties belonging to the Kwara State Government and converting some of them to personal use.

The properties are located in the Harmony Reserved Area of Ilorin and the Galadima area of Abuja.

Details of the charges, Sanni’s plea, and the next adjourned date were not immediately disclosed by the Commission.