
The Supreme Court has quashed the conviction of Senator Peter Nwaoboshi (Delta North) and his sentencing to seven years imprisonment for offences of fraud and money laundering.
The apex court ordered his immediate release from Ikoyi prisons in Lagos, where he is currently being held.
In a judgment on Friday, the Supreme Court also freed the two companies – Golden Touch Construction Project Ltd and Suiming Electrical Ltd, tried with him on a two-count charge brought against them by the Economic and Financial Crimes Commission, EFCC.
In a split decision of four-to-one, the Supreme Court set aside the July 1, 2022 judgment of the Court of Appeal, Lagos, which had reversed their discharge and acquittal by a Federal High Court in Lagos