On Friday, June 23, 2023, the Calabar Division of the Court of Appeal upheld the conviction of Senator Bassey Albert Akpan on charges of money laundering.
The Federal High Court in Uyo, Akwa Ibom State had previously found Senator Akpan, who was the governorship candidate of the Young Progressive Party (YPP), guilty on seven counts of money laundering brought against him by the Economic and Financial Crimes Commission (EFCC). The court sentenced him to 42 years imprisonment without the option of a fine.
The charges against Senator Akpan were related to allegations of receiving vehicles valued at N240 million as bribes from companies connected to Olajide Omokore, a contractor who had executed a N3 billion contract for the Government of Akwa Ibom State during Senator Bassey’s tenure as Commissioner for Finance and Chairman of the Inter-Ministerial Direct Labour Coordinating Committee.
The offense contravenes Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and is punishable under Section 15 (3) of the same Act.
However, dissatisfied with the judgment, Senator Akpan sought post-conviction bail on health grounds from a Vacation Court in Port Harcourt, Rivers State, which was presided over by Justice S. I. Mark of the Federal High Court.
He was granted bail and subsequently continued his campaign to become the governor of Akwa Ibom State. Later, Senator Akpan appealed the judgment of Justice Okeke at the Appellate Court in Calabar, seeking to have it set aside.
During the appeal hearing, the EFCC’s counsel, Ekele Iheanacho, argued in favor of upholding the judgment of the lower court, dismissing the appeal, and revoking the bail granted to Senator Bassey, stating that “the prosecution proved its case beyond reasonable doubt, and the charge was validly filed.”
In its judgment delivered on Friday, a three-man panel of the Appellate Court, led by Justice Raphael Chikwe Agbo, upheld Senator Akpan’s conviction but modified the sentence by granting him the option of a fine.
The Court also ruled that the appellant must restitute the sum of N240 million to the Federal Government through the EFCC, but this restitution would not be a prerequisite for his release from the correctional facility.
Finally, the Court revoked Senator Akpan’s bail and ordered his arrest.