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The chairman DAAR Communications, owners of African Independent Television (AIT), Chief Raymond Dokpesi, was on Wednesday formally arraigned at the Federal High Court in Abuja on a six-count charge of money laundering and procurement-related charges involving N2.1bn.

Dokpesi who was arraigned along with his firm, Daar Investment and Holdings Ltd, pleaded not guilty to all charges.

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He was denied bail.

Justice Gabriel Kolawole ordered that Dokpesi be remanded in EFCC custody pending the hearing of his bail application by 12:30pm on Thursday.

The Economic and Financial Crimes Commission (EFCC) in Abuja had arrested Dokpesi over money disbursed by the former National Security Adviser (NSA), Sambo Dasuki.

Dokpesi had, however, in a statement, said the money he collected from the NSA’s office was meant for publicity and media campaigns during the 2015 general elections.

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