A Court of Appeal in Abuja has quashed the money laundering charges to the tune of N2.1 billion filed against the founder of Daar Communications, Mr Raymond Dokpesi.
The charges were filed against Dokpesi and his company by the Economic and Financial Crimes Commission (EFCC).
The court, however, quashed the charges on Thursday in a unanimous judgment of a three-man panel of judges led by Justice Williams-Daudu
It held that the anti-graft agency failed to establish a prima facie case against Dokpesi and Daar Communications to warrant him entering a defence.
The appellate court added that the predicate case upon which the EFCC based its seven charges against Dokpesi has yet to be proven.
It, therefore, set aside the judgment delivered by Justice John Tsoho of the Federal High Court.
The trial court had asked Dokpesi to open his defence after dismissing the no-case submission argued by the defendant.