Aiteo

The Abuja Division of the Court of Appeal has reserved judgment on an appeal by the Economic and Financial Crimes Commission (EFCC) and the Attorney General of the Federation (AGF) to overturn a High Court ruling that halted the prosecution of Aiteo Group CEO Benedict Peters. The case involves allegations of corruption and money laundering tied to properties falsely linked to former Petroleum Minister Diezani Alison-Madueke. The High Court had awarded N200 million in damages to Peters and his companies.