The seizure of $460,000 being proceeds of drugs from Bola Ahmed Tinubu in the United States is not as a result of any criminal activity, according to the Presidential Election Petition Court (PEPC).
The PEPC, in a judgment read by Justice Haruna Tsammani, stated that the forfeited $460,000 does not classify as fraud. In the ruling, the PEPC says to classify an action as fraud would require indictment, arrest and arraignment.
Recall that a United States District Court of Illinois seized $460,000 from Tinubu which it said was the result of narcotic trade.
The PEPC ruling is coming shortly after the PEPC earlier rested the argument of whether winning 25% in the Federal Capital Territory (FCT) was necessary in becoming President of Nigeria.
The Justice Tsammani-led panel, said the voters in the Federal Capital Territory (FCT) Abuja are equal to every other voters in the states in Nigeria, hence, Abuja has no special status.
Recall that the Labour Party (LP) and the Peoples Democratic Party (PDP) presidential candidates submitted that winning 25% of the FCT votes, in addition to meeting other requirements, was a necessary requirement of being declared winner in a presidential election.
The PEPC had earlier quashed the case of massive rigging alleged by Obi in favour of Tinubu.
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