TheJakartaPost
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Nigerian may face money laundering charges
A Nigerian and three Indonesians will likely face a maximum 20-year prison sentence for money laundering under Article 8 of the 2010 Money Laundering Law for conning a Russian company that suffered US$313,960 in losses, according to the Jakarta Police
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Nigerian and three Indonesians will likely face a maximum 20-year prison sentence for money laundering under Article 8 of the 2010 Money Laundering Law for conning a Russian company that suffered US$313,960 in losses, according to the Jakarta Police.
Azuka Okchukwu Igboanugo and his three Indonesian cohorts, identified as KD, AL and OC, will be indicted for violating the money laundering law because, in addition to deceiving the Russian company, they have already used the money for their individual businesses.
An official from the Jakarta Police directorate for general crimes, Adj. Sr. Comr. Didik Sugiarto, said Thursday that the three suspects had deceived the Russian company Ghips Biruinta Co. when they claimed their company, Top Glove SDN, located in Malaysia, was able to supply four containers of medical products in December 2013.
The Russian company paid for the products into a bank account in the city.
'The bank account was set up by the Indonesians under the name of a Malaysian company called Top Glove SDN in December 2013. The bank reported the case to the police after finding suspicious transactions through the Malaysian company,' he said.
The four men were arrested in the city in July and the police confiscated three cell phones and over Rp 215 million (US$17,825) in cash from them.
