Rita Odafe
On Tuesday, July 1, 2025, the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) brought Mbonu Somto before the court on a single charge related to money laundering.
Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos, has sentenced Mbonu Somto to a one-year term for his involvement in laundering $5,000 (Five Thousand U.S. Dollars).
On July 1, 2025, Somto faced charges from the Lagos Zonal Directorate 1 of the EFCC for money laundering.
The allegations stated that Somto was implicated in the illegal transfer and hiding of criminally acquired funds amounting to $5,000, contravening Nigeria’s anti-money laundering statutes.
During his arraignment, Somto admitted guilt to the accusations. Following his admission, the prosecution presented the details of the case along with pertinent evidence.
Justice Aneke concluded that he was guilty and imposed a one-year prison sentence.
