Justice Inyang Ekwo of the Federal High Court, Abuja, on Thursday, set aside his order directing the Economic and Financial Crimes Commission (EFCC) to arrest the Deputy Speaker of Imo State House of Assembly, Amarachi Iwuanyawu, over his alleged involvement in N785 million fraud.
The judge had on November 25 last year issued a warrant of arrest against the deputy speaker following an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC).
In the ex-parte application argued by its counsel, Olarewaju Adeola, the EFCC alleged that Iwuanyawu, an estate developer, entered into an agreement with another company, Hokiz Investment Limited, to build 14 units of a four-bedroom terrace and one block of six flats on the company’s land at Mabushi area of Abuja in 2012.
