Nigeria, Feb. 24 -- The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a former Managing Director of the Nigerian Railway Corporation (NRC), Fidet Edetanle, over allegations that he laundered $385,000 and N165 million.

The sums, EFCC explained, were transferred to foreign accounts in the Netherlands during and shortly after his tenure at the state-owned rail agency.

The judge, Rahman Oshodi of the Special Offences Court in Lagos, presided over the case.

According to EFCC spokesperson Dele Oyewale in a statement on Tuesday, Mr Edetanle faces a seven counts of abuse of office, money laundering, and unlawful enrichment as a public official.

The alleged offences violate Sections 332(1) and 332(3), Section 73(1), and ...