Cocaine trafficking: KC Luxury, others remanded
A Federal High Court in Lagos has remanded luxury goods dealer, KC Luxury, and two others over alleged trafficking of N39bn worth of cocaine and money laun Read More: https://punchng.com/cocaine-trafficking-kc-luxury-others-remanded/
The Federal High Court in Lagos has remanded luxury goods dealer KC Luxury, along with two others, on charges of cocaine trafficking and money laundering involving 184.5 kilogrammes of cocaine. Afolabi Kazeem Michael, Boniface Sule, and Ikechukwu Ekugo appeared before the court and pleaded not guilty to the 22-count charge. The National Drug Law Enforcement Agency accused Michael of moving billions of naira through various companies and personal accounts, allegedly connected to illicit drug proceeds.
The cocaine was reportedly concealed in five consignments and sent to the United Kingdom via a Lagos-based courier logistics company. The court ordered the defendants to be remanded in NDLEA custody pending trial.
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