Ahmed Dikko, former managing director of the Port Harcourt Refining Company (PHRC), has pleaded not guilty to a 12-count money laundering charge filed against him by the Economic and Financial Crimes Commission (EFCC).
Dikko was arraigned before Inyang Ekwo, judge of a federal high court in Abuja, on Wednesday alongside a company, Masterpiece Projects & Investment Ltd, the second defendant in the case.
The EFCC alleged, among other counts, that the former PHRC MD used about N218.4 million to acquire a property in Katampe extension in Abuja, without passing the funds through a financial institution, contrary to the Money Laundering (Prevention and Prohibition) Act, 2022.
At the commencement of proceedings, Ekele Iheanacho, counsel to the EFCC, informed the court that the matter was slated for the defendants to take their plea.
Dikko pleaded not guilty to all 12 counts, while Ikechukwu Ajunwa, counsel to the
