Skip to main content

EFCC FREEZES N905M ($2.51M) IN SUSPECTED SLUSH ACCOUNT

The Economic and Financial Crimes Commission (EFCC) has frozen about N905, 941,696.87 ($2,510,000.00) in an account traced to a sole proprietorship company Rivlink International.
The huge inflows into the suspected slush account allegedly came from the Rivers State Environmental Sanitation Authority
The owner of the company, Christian Robinson, is deceased.
A man, Kenneth Koroma, made futile attempts to withdraw the cash.
A source said: “The EFCC received an intelligence report on November 2 alleging that a sole proprietorship firm, Rivlink International, had huge inflows from the Rivers State Environmental Sanitation Authority in an account with a new generation bank. The said account had a closing balance of N905, 941,696.87.
The company was registered in 2000 using a fictitious name of one Christian Robinson. But the account was opened in 2001 as sole proprietorship with Mr. Christian Robinson as the sole proprietor.
“He, however, appointed Mr. Kenneth Koroma as the sole signatory to the account for the purpose of money laundering.
“Covert intelligence revealed that the sole proprietor, Christian Robinson, is deceased and the trustee, Kenneth Koroma, has been making frantic efforts to withdraw the funds, which had been on fixed deposit.
“Sometimes in June 2017, Koroma wrote the bank requesting it to liquidate the fixed deposit and transfer the balance to an account number 0037907856 of a company, OLF Enterprise, also operated by him.
“Unknown to Koroma, the proprietor had changed him as a signatory to Rivlink International’s account before he died.
“The bank insisted that it could not release the N905m ($2.51)to Koroma because he had ceased to be the sole signatory to the account of Rivlink International. Relevant documents were shown to him on how the owner of the company effected the change of signatory.”
Another source said: “Following intelligence report and an alarm by the bank, EFCC detectives decided to trace the inflows into the company’s account.
“We discovered that the inflows were coming in bits into the account of Rivlink over the years from the sanitation agency without any evidence of contracts carried out.
“We are suspecting the account to be a slush type which cannot be operated again because the sole proprietor is dead.
“Further inquiry to ascertain the legitimacy or otherwise of the said funds is in progress. However, the EFCC has obtained a Freeze Order from the court pending the outcome of ongoing investigation.”
The source added: “Certainly, if we were able to establish that the cash was a product of money laundering from the coffers of Rivers State Government, it will be forfeited and we may have to recover it for the state.”

Comments

Post a Comment

Popular posts from this blog

Two teenagers arrested for raping 14-year-old girl in Ogun State

                            Two teenagers, Abiodun Ishola (19) and Kehinde Oloyede (18), have been arrested by the Ogun State Police Command for allegedly gang-raping a 14-year-old girl in Obantoko. The Command Public Relations Officer, Abimbola Oyeyemi, said the suspects were arrested April 28, 2018 following a complaint from the victim who reported to the police. He said the victim, a hairdressing apprentice, said she was going to her boss’ shop on that day, and unknown to her, there was restriction of movement due to a sanitation exercise. He said one of the suspects, Ishola, who was sitting down in front of his father’s house informed her of the restriction of movement and asked her to come and stay in their house till the exercise ended. The victim told the police that while she was staying with Ishola, he took her bag inside...
Post a Comment
Read more

Woman cuts off her husband's penis because she suspect him of cheating

A wife chopped off her husband's penis with a pair of scissors while he was brushing his teeth because she suspected he was cheating after starting a new job. The man, named only as Li, from the Jiangxi Province city of Fengcheng, told shocked medics that his wife maimed his genitals in a desperate attempt for him not to stray. He said his possessive wife attacked him while he was naked in the bathroom at about 7.30 in the morning. After she inflicted the injury on him, he managed to cover his blood-drenched groin to stop the bleeding before taking himself to a hospital. Doctors said they had successfully reattached Li’s penis but warned him to be extra careful while recovering. But reports from Knews and Sohu claim that even if he heals properly, he might never be able to have sex properly again as a sudden erection could damage new blood vessels. Police are said to be investigating the case.
Post a Comment
Read more

EFCC kicks against the acquittal of ex-Sokoto governor, Attahiru Bafarawa, vows to appeal judgement

                      EFCC has described as “shocking and unacceptable”, the ruling by Justice Bello Abbas of the Sokoto State High Court which on July 31 discharged and acquitted a former governor of Sokoto State Attahiru Dalhatu Bafarawa and four others of a 22 count charge of conspiracy, criminal misappropriation, theft and receiving of stolen funds. Others acquitted alongside Bafarawa are Beedash Nigeria Limited, Nasdabap Nigeria Limited, Alhaji Nasiru Dalhatu Bafarawa and Alhaji Salihu Maibuhu Gummi. In the course of the trial EFCC had called nine witnesses and presented several documents that were admitted in evidence while the defendants called only six witnesses. Surprisingly, Justice Abbas discharged and acquitted the accused persons of all counts on the premise that the evidence presented by the prosecution were “mere hearsay”, that there were “no documentary evidence” to back up the claim of witnesses...
Post a Comment
Read more