Federal Republic of Nigeria v C. Woermann Nig. Ltd Charge No FHC/ABJ/SR/162/2010

Alu and Associates were joint prosecuting counsel in this matter which arose out of the Siemens Bribery scandal. The Company was charged with two counts of infraction of the Money Laundering Act 2004. The amount involved was N2, 000,000.00 (Two million naira). We had a settlement and plea bargain. The company pleaded guilty and was convicted by the Federal High Court on the 22/11/10 and sentenced to a fine of N400 000 (Four Hundred Thousand Naira). In addition, we imposed an additional fine of N10, 000,000 (Ten Million naira only).