FG arraigns six associate companies for money laundering

The federal government has arraigned six associate companies of the process and industrial development limited on a thirty nine-count charge of money laundering.

The companies were arraigned alongside James Nolan, who is also facing criminal charges in relation to the oil deal, before Justice Okon Abang of the federal high court.

Jame Nolan whose name allegedly appeared as a director in the various companies pleaded not guilty to the charges related to him.

While speaking, Paul Erokoro the counsel to James Norlan said his client will soon be granted bail.

Presiding judge Justice Ahmed Mohammed had earlier adopted the bail conditions earlier granted by Justice Okon Abang.