Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, August 9, 2019 granted bail to Prof. Maurice Iwu, a former Chairman of the Independent Electoral Commission, INEC, in the sum of N1bn (One Billion Naira) only. Iwu was arraigned on Thursday, August 9, 2019 by the Economic and Financial Crimes Commission, EFCC, on a four-count charge bordering on money laundering to the tune of N1, 2013,000,000 (One Billion, Two Hundred and Three Million Naira). One of the counts reads: “ That you, Prof. Maurice Maduakolam…
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