Tuesday 11 October 2016

Photos: EFCC arraigns man overN50million fraud

The Economic and Financial Crimes
Commission (EFCC) today, October 11,
arraigned one Wahab Olawale Amoo and his
company, Wahab Amoo and Sons Nigeria
Limited before Justice Adedayo Akintoye of
the Lagos State High Court, sitting in Igbosere
o-count charge bordering on four counts
bordering on Conspiracy, Forgery and
Obtaining by False Pretence to the tune of
N50million.
The accused person allegedly conspired with
his company, the 2nd accused person, to
defraud the complainant Fidelity Bank Plc of
the sum of Fifty Million Naira (N50, 000, 000.
00) only by using forged documents to secure
a loan facility through a property which was
under caveat at the Land Registry, Lagos
State. He pleaded not guilty to the charges
preferred against him.
In view of his plea, the prosecution counsel
Fadeke Giwa asked the court for a trial date
and also requested that the defendant be
remanded in prison custody. However, the
defense counsel Eric Uteh told the court that
he served the prosecution the bail application
for his client, but Giwa said she was served in
court and would need time to reply.
Justice Akintoye remanded the accused
person in prison custody pending hearing of
bail application and subsequently adjourned
the matter to October 19, 2016.
Source:-lindaikejisblog
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