Skip to main content

Bureau de Change operator arraigned for N20.6m fraud, remanded in Prison Custody

                  Bureau de Change operator arraigned for N20.6m fraud, remanded in Prison Custody
The Economic and Financial Crimes Commission, EFCC, on Tuesday May 22nd, arraigned a Bureau de Change operator from Mubi, Adamawa State, Isa Abdulkarim before Justice I.B Gafai of the Federal High Court, Awka, Anambra State on a four count charge of obtaining the sum of N20.650,000.00 (Twenty Million, Six Hundred and Fifty Thousand Naira only) under false pretences.
Abdulkarim’s troubles started sometime in November 2017, when he falsely represented himself as being capable of purchasing an equivalent of N20.6 million in Cameroonian CFA from the complainant’s client but absconded with the money to Republic of Chad without purchasing the said foreign exchange.
He was arrested after efforts in retrieving the said money failed. However, investigations revealed that the money was actually transferred to his Diamond Bank account.
Abdulkarim pleaded not guilty to the charges when they were read and interpreted in Hausa language to him, prompting his counsel ,C.N Ekwueme to move for the ‎bail of his client. But the court rejected the oral application.
Justice Gafai, adjourned the case to May 25, 2018 for hearing on the matter. He remanded the defendant in prison custody.

Comments

Post a Comment

Popular posts from this blog

Two herbalists arrested for fraud in Enugu State

                       Two suspected fraudsters, Akin Ogunsemi and Shina Fatola, who specialised in masquerading as herbalists to defraud unsuspecting members of the public, have landed in police net in Enugu. According to Punchng, the suspects are said to be indigenes of Ijebu Igbo in Ogun State. They were apprehended at Ukwuoji, Enugu, on May 1, 2018, by men of the police Anti-Cult Unit. Items recovered from them are some fake foreign currencies, charms and other suspected shrine materials.
Post a Comment
Read more

Horror as a whistle blower uncovers horrific abuse Chinese company in Aba allegedly subject their Nigerian staff to

                                     A whistleblower has exposed the horrific abuse and discrimination he allegedly uncovered in a Chinese company operating in Nigeria.   The Twitter user said the company located in at Umuahala, Obuzor Asa, in Ukwa West LGA of Abia State, is managed by Chinese while most of their workers are Nigerians.     However, he said the Nigerian staff are made to work under the most "dehumanizing conditions ever known to mankind".   He reported that every Nigerian staff is expected to call every Chinese staff "Master or Mistress".   He added that "male Nigerian workers are physically assaulted, while their female counterparts are sexually assaulted without any consequence."   When a Nigerian staff errs, the Chinese staff allegedly employ the services of Nigerian soldiers to discipline them mercilessly.    ...
Post a Comment
Read more

N9.2M Fraud: Former Oyo State court registrar bags 7years jail term

                       On Friday, May 18, 2018, EFCC secured the conviction of a former Deputy Chief Registrar of the Oyo State High Court, Mutiat Omobola Adio. Justice O. M. Olagunju of the Oyo State High Court sitting in Ibadan found the convict guilty on one of a two count charge brought against her.  The count which earns the convict a jail term borders on the allegation of obtaining the sum of N9.2 million by false pretence from one Abiodun Rasheed Olonade, Nigerian reident in Ireland.‎ Adio was ‎sentenced to 7years Imprisonment without an option of fine. The court also ordered that the convict restitute the sum of N9.2m to the victim. The charge  reads: “that you, Mutiat Omobola Adio on or about the 19th of December, 2016, at Ibadan within the Ibadan judicial Division of this Honourable court with intent to defraud, obtained the sum of...
Post a Comment
Read more