Nigeria, May 21 -- The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned a former Executive Director of Projects, Niger Delta Development Commission (NDDC), Tuoyo Omatsuli, and others for alleged N3.6 billion fraud.

Mr Omatsuli and his co-defendants face 46 counts of money laundering at the Federal High Court in Lagos, a statement by EFCC's spokesperson Dele Oyewale stated.

The anti-graft is prosecuting Mr Omatsuli alongside Francis Momoh, Don Parker Properties Limited, and Building Associates Limited, on money laundering charges under various provisions, including Section 18 of the Money Laundering Act as amended by Act No 1 of 2012 and punishable under Section 15(3) of the same Act.

The provision criminalises co...