News

Man Convicted for N37m Fraud

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, December 6, 2019 convicted one Jules Suinner, who was arraigned by the Economic and Financial Crimes Commission in September 2016n a six-count charge bordering on Conspiracy, Obtaining by False Pretence and Money Laundering to the tune of N37, 000, 000 (Thirty Seven Million Naira).

Suinner, together with his accomplice, hijacked the email address and letterhead of a company, Greenview Development Nigeria Limited, and used same to write a letter to Access Bank Plc to transfer the sum of N25,000,000 (Twenty-five Million Naira) to the account of ICT Aid Foundation Cooperative Society domiciled with United Bank for Africa, UBA.

Read Also: LASG Removes Embargo On Planning Permit

Investigations showed that the money, which was transferred on July 14, 2015, had been fully withdrawn from the account by July 18, 2016.

The convict, on July 22, 2015, also wrote to Access Bank Plc to transfer the sum of N12, 000,000 (Twelve Million Naira) to the account of one Tee-EM Nigeria Limited domiciled with UBA.

Otunba T.J Abass

The Publisher, Ekohotblog.com

Share
Published by
Otunba T.J Abass

Recent Posts

8th African Nations Championship: Rabiu Ali, Manyo, Alimi, 15 others to tackle Black Galaxies

Stand-in Head Coach Daniel Ogunmodede has picked ageless warhorse Rabiu Ali, wing-back Sadiq Ishmael, centre-back…

38 minutes ago

Alleged Destabilisation: Niger Summons Nigerian Diplomat

The Foreign Minister of Niger Republic, Bakary Yaou Sangare, has summoned the charge d’affaires at…

2 hours ago

Land Revocation: Wike Issues Fresh Ultimatum To Abuja Landowners Over C-Of-O

The Minister of Federal Capital Territory (FCT) Nyesom Wike has given owners of the 762…

3 hours ago