Tag: fraud

  • Two docked over alleged N1.9m fraud

    Two docked over alleged N1.9m fraud

    Two men, Egbebi Gbenga, 36, and Kolawole Lukeman, 45, on Monday appeared before an Osogbo Magistrates’ Court over an alleged fraud of N1.9 million.

    The Prosecutor, Sup. Mireti Wilson told the court that the accused committed the offense in 2012 at Gbongan area of Osun.

    Wilson said the accused conspired with others still at large to steal the money from one Aderemi Tumade.

    He said the accused promised to help the complainant to buy a Toyota bus in Togo, but they failed to deliver.

    The prosecutor said the accused committed a three-count charge of conspiracy, fraud and theft.

    He said the offense committed contravened sections 516 and 419 of the criminal code cap 34 vol.11 laws of Osun, 2003.

    Counsel to the accused, Bose Adeyinka, prayed the court to grant her clients bail in the most liberal terms.

    The Magistrate, Mr Olusola Aluko, granted the accused persons bail in the sum of N500, 000 and two sureties in like sum each.

    Aluko said the sureties must reside within the court’s jurisdiction, with evidence of tax payment and two passport photographs attached to an affidavit of means.

    The magistrate said one of the sureties must be a civil servant on Grade Level 10, with a landed property; while the other must be a close relation.

    The case was adjourned to Nov.11 for hearing.

  • Poly council chair tackles fraud

    The chairman, Abia State Polytechnic Governing Council, Aba has revealed his administration’s plan to stamp out corruption in the institution, including plugging cash leakages. Dr. Chukwu Wachukwu was speaking in Aba, lamenting that a N2 billion loan taken by the past governing council to offset workers’ salary arrears was mismanaged, leaving the institution in huge debt. He also said the Visitor to the Polytechnic, Governor Okezie Ikpeazu paid off the loan to enable the new council operate on a clean slate, but regretted that the institution has further been exposed to another debt amounting to over N2 billion with a bloated staff strength.

    Wachukwu, flanked by members of the council, said, “The N2 billion loan was to offset 8 to 10 months salary arrears. It was totally mismanaged through fictitious contracts; they were unable to offset the salary arrears owed workers. We have the various workers unions who are now on strike; they were there and said nothing. They have suddenly woken up to embark on strike. It was just reported to me that there is a difference between the hard and soft copy versions of the wage bill. This is part of the rot we won’t tolerate. Anybody found to have taken money belonging to the Polytechnic must pay, not his status. We will step on toes to rebuild Abia Poly and transform it into a first-class institution.”

    The chairman disclosed that the council has plugged revenue leakages while members have taken a decision not to collect sitting allowances until all arrears of salary owed workers are cleared.

     

  • Pastor sent to prison for alleged N85m fraud

    The Federal High Court in Lagos yesterday remanded the General Overseer, Christ Glory International Gospel Center, Ikorodu, Chris Anyalebechi, in prison for alleged N85million fraud.

    He was arraigned by the Special fraud Unit of the police on a two-count charge of conspiracy and obtaining money under false pretence before Justice Babs Kuewumi.

    The police said the cleric between April 2014 and last March, conspired with others now at large to obtain the money from Nestor Nwankwo of Zicozeen Nigeria Limited.

    He allegedly promised to buy a used ship for the company and sell it in parts or scraps on its behalf.

    The charge reads: “That you, Pastor Chris Anyalebechi, General Overseer, sometimes between April 2014 and March 2015, in Lagos, within the jurisdiction of the Federal High Court, by false pretence and with intent to defraud, obtained the sum of N85 million from a company known as Nestor Nwankwo of Zicozeen Nigeria Limited, by representing to the company that you will purchase for the company a used ship or vessel and sell same in parts or scraps on behalf of the company, a representation you knew to be false.”

    The alleged offence contravenes Section 1(1)(a)(3) of the Advance Fee Fraud and other Related Offences, Act, 2006.

    Anyalebechi pleaded not guilty.

    Prosecution counsel Effiong Asuquo, a Chief Superintendent of Police (CSP), urged the court to remand the accused person in prison custody pending trial.

    Justice Kuewumi ordered that the cleric be remanded in prison custody.

    He adjourned until October 17 for trial.

  • Police arraign three for alleged N92m fraud

    The police Special Fraud Unit (SFU) has arraigned four sales representatives of Global Healthcare Limited at the Federal High Court in Lagos for allegedly defrauding the company of over N92million.

    Badmus Oladimeji, Austin Odokara and Ademola Olanisha were accused of converting the company’s N92,391,350.25million to their own use.

    Prosecution counsel Effiong Asuquo said they allegedly collaborated with the firm’s National Sales Manager, Olufemi Olaniyan, said to be at large, to perpetrate the fraud between October 2014 and last February.

    The police said they “did convert” the money to their use “with the aim of concealing or disguising the illicit nature or origin of the funds.”

    The police said another sales representative, Gbenga Babatunde, also collaborated with Olaniyan to convert the company’s N2.5million.

    Oladimeji was also accused of forging and falsifying local purchase orders to unlawfully obtain pharmaceutical products from Global Healthcare to the company’s detriment.

    The alleged offences are contrary to Section 15(1)(a)(ii) of the Money Laundering (Prohibition) Act 2011 as amended and Section 1 (2)(c) of the Miscellaneous Offences Act of 2004. The defendants pleaded not guilty.

    Oladimeji’s lawyer Chima Adiele pleaded with Justice Abdulazeez Anka not to remand his client in prison because he had a bullet in his body and was supposed to be in the hospital.

    He said the defendant was shot by robbers in 2012 while on official assignment and that a “stubborn” bullet was still stuck in his body.

    But the judge refused the prayers, wondering why the bullet had not been removed for four years. He directed the defence counsel to file bail applications.

  • Banker, trader charged  with N66.6m fraud

    Banker, trader charged with N66.6m fraud

    The Police Special Fraud Unit (SFU) yesterday arraigned a former First City Monument Bank employee, Seun Awosanya, at the Federal High Court in Lagos for alleged N66.4 million fraud.

    He was arraigned before Justice Abdulazeez Anka along with a spare parts dealer, Amechi Osita, on charges of fraud and stealing.

    The police said the duo conspired in March with Kingsley Okoli, said to be at large, to fraudulently obtain N66,450,000 million from a company, Logicvantage & Trust Limited.

    They allegedly claimed that the money would be converted to dollars, but did not hand the currency over to the company.

    According to the police, Awosanya, who unofficially changes currencies for Osita and Okoli, promised to facilitate the currency exchange for the company.

    The prosecution said after collecting the money, they refused to give the dollar or return the naira value to the complainant.

    The alleged offence contravenes sections 1(1)(a)(b) of the Advance Fee Fraud and other Fraud Related Offences, and 15((1)(ii)(3) of the Money Laundering Prohibition Act, 2004, as amended.

    Awosanya and Okolo pleaded not guilty to the charge.

    Justice Anka granted them N2 million bail each and adjourned until October 11 for trial.

  • Bank manager remanded  in prison for N24m ‘fraud’

    Bank manager remanded in prison for N24m ‘fraud’

    The police Special Fraud Unit (SFU) yesterday arraigned a former Diamond Bank Plc branch manager, Chinedu Oguike, at the Federal High Court in Lagos for alleged N24 million fraud.

    He was charged with three counts of conspiracy, obtaining money by false pretence and advanced fee fraud.

    The defendant, who managed the bank’s Oyingbo, Ebute-Meta, Lagos branch, was accused of obtaining the money from Ufomba Nnabugwu after promising to deliver a property in the Ijegun Egba area of Lagos to him.

    Police prosecutor, Effiong Asuquo, said Oguike committed the alleged offence in 2014, adding that it contravenes Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006.

    Oguike was also accused of preparing phony loan facility documents for himself.

    He was said to have used the name of Edwin Ezeakachukwu and the Ijegun Egba property as collateral, to the victim’s detriment.

    The defendant pleaded not guilty.

    Defence counsel, John Itodo, applied for his bail, adding that the case had been pending at the magistrate’s court for two years.

    He said: “We were at the magistrate court this morning for continuation of hearing when the prosecutor said they were withdrawing the case to re-file it at the Federal High Court. When we got outside, he just said we should proceed to the Federal High Court right away, and we didn’t have any objection about that.”

    He added that the accused had been on bail and did not violate the administrative bail granted him by the police.

    Asuquo opposed the application on the basis that the defendant did not file a proper motion for bail.

    Justice Abdulazeez Anka ordered that Oguike be remanded in prison until his bail application is considered.

    He adjourned until October 6 for trial.

  • Fraud called electricity privatization

    SIR: It is now obvious that whatever yards tick used in privatizing the power sector was largely faulty. This is because the outcome so far leaves much to be desired. The sector is still bedeviled with lots of problems. There is no difference between now and the PHCN era. The only remarkable difference is the like in electricity tariff without a corresponding improvement in service delivery.

    Before deregulating the power sector, flattering promises were made: that with privatization, Nigerians would not experience darkness any longer; that power outages would be a thing of the past; that the best hands had been picked to ensure this. The bitter truth today is that the Generation, Transmission and Distribution companies with odd sounding acronyms of GENCOS, TRANCOS and DISCOS respectively have failed Nigerians. It has been a cacophony of blames among these key players.  While the DISCOS claim they can only distribute what has been generated and transmitted, the GENCOS and TRANCOS haves their own excuses. At the end of the day, hapless Nigerians are the worse for it.

    The case of the DISCOS is the most annoying. If they claim they can only distribute what they generate, how about their billing system? Take for example the BEDC (Benin Electricity Distribution Company). This one is in charge of supplying power to Edo, Delta and Ondo states. From all indication, this company lacks the manpower and expertise to carry out the task it has chosen to undertake. Not long ago, the Edo State governor, Comrade Adams Oshiomhole summoned the management of this company and read the riot act: he warned that he would revoke the company’s C of O should it continue with its incompetence and exploitation of Edo people with crazy bills that do that justify the power  supplied.  In Delta State, the story is the same. In the state capital Asaba and envious especially, power supply is worse than epileptic. Same is the fate of Ondo State.

    Deliberately, many of these DISCOS have reneged on their promise to supply Nigerian homes and offices with pre-paid meters even though this was part of the contract they signed. They prefer the ‘Estimated Billing’ regimen. The reason is simple: it benefits them more because of its exploitative nature. The DISCOS have misconstrued the tolerance and patience of Nigerians as acceptance of their ineptitude and fraudulent tendencies. So far, they are giving private entrepreneurship a bad name.

    This government should revisit the entire process of electricity deregulation and correct the anomaly therein. It should not fold its hands while some bloated capitalists take undue advantage of Nigerians.

     

    • Lucky Ofodu,

    Agbor, Delta State.

  • Parable of the grifter calling the con-artist, fraud

    A cursory look at our families excites the creepiest form of marvel. The Nigerian family unit today parades the worst form of savagery. Mothers are mightily pleased to see a child hurt an annoying neighbour’s dog or cat; and such wise fathers we have now that consider it a notable mark of martial spirit when they see their son domineer his weaker peer. And there are those whose parents raise righteously, breeding them in their images, to conform to and perpetuate the worst forms of religious bigotry and inhumanity, according to the holy scriptures.

    Ultimately, our parents look upon it as a sign of great wit and astuteness to see us cheat and oppress our peer by some malicious treachery and deceit. It gladdens their hearts to see us evolve into ‘lovable’ brutes at a tender age. They claim it’s a worthy demeanor for the very tough world out there.

    Thus from adolescence through adulthood, they greet every dishonesty we perpetrate with cheer, as long as it translates to stupendous wealth, higher status and the comfort of knowing that their children are “smart” and inured in the ways of the world. These are the true seeds and roots of cruelty, tyranny and treason. Our parents nurture vile in us and we perpetuate it in attitude, learning from their misconduct, till we start procreating and perpetuating within our lineage, grosser forms of grotesqueness and bestiality.

    It starts from the very little things, like nurturing us to be brutes through childhood and grooming us to be fraudulent through adolescence. Hence the multitude of “peaceful, hardworking and God-fearing” families engaged in desperate pursuits to enroll their wards and university hopefuls in “special coaching schools” while they purchase for them, seats at “special centres,” as they write the S.S.C.E and JAMB exams.

    Such wards, dutifully trained to circumvent the straight, moral path to progress and self-actualization, eventually mature into foetal, perverse adults. All through their lives, they navigate the depths and shoals of challenging realities with the courage of a weevil and the wit of a hyena, if I may insult the poor animals by comparing such with them.

    Eventually, the seeds of indolence and monstrosity sown in them grow to prodigious bulk, cultivated by society and custom; at the end, we have brutes and savages running our lives and determining our future. At this juncture, I guess, many would dispute, claiming such shameful lot constitute just a minor fraction of the country’s 170 million-strong families or thereabouts.

    I whole-heartedly disagree but if they insist, I hereby reiterate that, such wonderful families we have now that blesses us with the current ruling class. Such wonderful families we have now that blesses us with thieving bank chiefs and corrupt law enforcers.

    Such wonderful families we have that blesses us with slothful civil servants, light-fingered bank clerks, desperate, treacherous journalists and lawyers. Such wonderful families we have that blesses us with prostitutes, armed robbers, Yahoo boys, and currency-activated clerics to mention a few.

    One degeneracy gravitates into the other and we have for ourselves, a nation of finely bred brutes, idiots and foetal adults, pitifully programmed to self-destruct. I do not apologize for my abrasive choice of words. Were it acceptable, I would depict the average Nigerian with more colourful choice of words. We are very, very bad people.

    Driven by greed, selfishness, indolence and appalling inclinations to play “God,” we embark on a never-ending quest to ruin Nigeria… righteously. The argument that it’s the lack of good leadership that forces us to be corrupt does not hold much substance anymore; let each one of us be accountable for his actions.

    How many leaders do we have? If we count the number of politicians and every hoodlum plaguing our industries, politics and occupying our seats of power, will they add up to a million? Let’s assume that they add up to a million; there are 170 million Nigerians or thereabouts, of this lot, should a paltry million lead about 169 million astray?  Is the fault not with the 169 million?

    Our nation perishes by our gluttony and lust for fleeting and perishable vanities. It was greed and a disgraceful strain of cowardliness that drove our touted “men of god” to endorse former President Goodluck Jonathan’s candidacy, claiming his emergence was sanctified by their “god.” It was gluttony, cowardice and an unconquerable strain of prejudice that drove millions of Nigerians to troop to the polls to endorse the worst form of the ruling class.

    Bestiality, like blood, seems to run perpetually in the veins of the Nigerian ruling class. It is not that the working class is any wiser. Age is of no value within our clans, likewise experience. Our old have no important advice to give to our young. Their experiences have been so partial and fraught with fraudulence that at the end, they pass off as miserable failures.

    Indeed, it is good to be bad and bad to be good in contemporary Nigeria. Let us consider for a moment the caliber of leadership we have; the Nigerian ruling class tirelessly appropriates for itself what is meant for the benefit of all. Likewise, the poorest constituent of the breadlines is capable of meaner grotesqueness were he opportune to play with money and power. As it is with the rich, so it is with the poor. Poverty and affluence brings out the worst in us.

    Every Nigerian considers himself the quintessential patriot capable of the fairest truth and reason. And from this perception emerges the contemporary Nigerian with the perfect politics, perfect economics, perfect religion and the most exact and accomplished approaches to all things.

    Thus our nation abounds with perfect tyrants and looters, our homes with perfect batterers and paedophiles; our industries pulsate with perfect quacks and the slovenly, our schools with perfect dullards and numbnuts. Lest we forget the perfect rapists, kidnappers, hooligans and assassins prowling our streets, baiting the unforgiving second, when ruthless neurosis pulsates with will, for a price.

    Every Nigerian is a law breaker. The rich believe they are above the law and the poor believe they could sneak under it, through it and away from its grasp. I would like to believe that the worst of our kind constitutes just a minor fraction of 170 million of us but as you read, our ruling class is busy pilfering our coffers even as it plays Russian roulette with our lives. The rich still connives with the ruling class to impoverish us further. The poor still curses the ruling class and curse the times even as they die daily to serve the whims of the ruling class.

    As you read, parents are purchasing seats and liberties to cheat for their wards at JAMB and SSCE “special centres.” Our bankers are pilfering our accounts 50 kobo, N1 to N1000 by the second. Motorists are hastening off their normal lanes to face oncoming vehicles on the wrong lanes. Public administrators are stealing pension funds meant for elderly retirees. Journalists are receiving money to doctor and tilt stories according to the whims of shady politicians, business class and criminal masterminds. Doctors are forgetting surgical knives in helpless patients; lawyers are twisting the law to serve the whims of the worst creatures ever and you are reading this thinking I am just another ‘grifter’ calling the con-artist, ‘fraud.’

  • FAAN suspends worker for alleged fraud

    FAAN suspends worker for alleged fraud

    The Federal Airports Authority of Nigeria (FAAN) yesterday said it has  suspended a worker for alleged diversion of its funds.

    Economic and Financialo Crimes Commission (EFCC), operatives stormed the headquaters of the authority yesterday to continue investigations into the matter reported by the management.

    The operatives, who arrived in the afternoon in a Hilux vehicle, combed relevant departments for documents that will will aid their investigations.

    Workers were seen in groups discussing the arrival of the  operatives.

    Investigations revealed that the accused were said to have diverted the agency’s funds into different accounts over certain period of time until they were discovered by the management.

    A source hinted that upon discovery of the fraud, the  management set up a committee, which investigated the major suspect who promptly named others involved in the fraud and they were swiftly suspended.

    It was learnt that it was when the committee drilled the main suspect who confessed that some of the monies were sent to her brother’s accounts, that prompted the management to further invite more suspects who were subsequently suspended.

    The EFCC operatives who got wind of the matter decided to investigate it and have detained the prime suspects.

  • First Bank worker charged with N4.1m fraud

    First Bank worker charged with N4.1m fraud

    A cash processor with First Bank of Nigeria Plc, Timothy Adewale, was yesterday arraigned before an Igbosere Magistrates’ Court for an alleged N4,100,400 fraud.

    Adewale, 32, is standing trial before Mrs A. T. Omoyele on a four-count charge of stealing.

    Prosecuting Sergeant Nicholas Akpene said the defendant committed the  offence between April 18 and 26 during work hours at First Bank Ikeja Industrial Estate, Lagos branch.

    The court heard that the N4, 100,400 belonging to the bank.

    According to the prosecutor, the offence is punishable under Section 285 (7) of the Criminal Law of Lagos State, 2011.

    The defendant pleaded not guilty.

    Magistrate Omoyele granted him N1 million bail with two sureties in the like sum.

    The sureties must show evidence of three years’ tax payment and have verifiable addresses.

    The case was adjourned till September 7.