The police has arraigned a member of the House of Representatives for Port Harcourt City Local Government Constituency II, Dr. Chinyere Igwe, at the Federal High Court sitting in Port Harcourt for alleged money laundering.

Igwe was arrested by the police in Port Harcourt hours to the Presidential election with $498,000 on Saturday February 25.

He was arraigned on Wednesday, March 8, 2023, on one count of money laundering.

According to the charge sheet, the lawmaker was seen in possession of $498,000 on the 24th day of February 2023  without reporting to the Central Bank of Nigeria (CBN)

When the charge was read, Igwe pleaded not guilty to the charge and his legal representative made an application for bail but the police raised some objections.

The trial Judge, Justice Stephen Daylop-Pam, after listening to the arguments and submissions adjourned till 14th of March, 2023 for bail consideration.

He also directed that the accused person be sent to Nigerian Police Clinic for attention on a medical report about his health.