EFCC
Economic and Financial Crimes Commission, EFCC, on Thursday January 16, 2020, presented Khalid Aliyu Biu, younger brother of the former Chairman, Pension Reform Task Team, Abdulrasheed Maina, as its fifth prosecution witness (PW5) in the ongoing trial of
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- Written by Abdullahi Usman Rugga
Biu, while being lead in evidence by the prosecution counsel, M.S Abubakar, told the court that the first defendant was his elder brother from the same parents adding that he was a civil servant at the moment but worked with Fidelity Bank between 2008 and 2012, in the private banking section.
He further explained that he worked in the bank as an executive assistant and a relationship officer, assigned to manage the account of high net worth individuals and as such, was able to manage one of the account of the first defendant.
Alleged €29m Fraud: Court Admits Evidence Against Jean Codo, Company
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- Written by Abdullahi Usman Rugga
Justice Mojisola Dada of the Special Offences Court, sitting in Ikeja, Lagos, on Monday, January 13, 2019, admitted in evidence a document tendered by the Economic and Financial Crimes Commission, EFCC, against a suspected fraudster, Jean Codo and his company, Transport and Port Management System Limited, TPML.
Codo and his company, TPMS, are standing trial on a seven-count charge bordering on stealing to the tune of €29,000,000.00 (Twenty-Nine Million Euro), property of the Federal Government of Nigeria.
One of the counts reads: “That you, Jean Codo and TPMS Transport and Port Management Systems Limited, sometime in 2010 in Lagos, within the jurisdiction of this honourable court, conspired to commit felony, to wit: stealing of about €29,000,000.00 (Twenty-Nine Million Euros), property of the Federal Government of Nigeria.”
The defendants pleaded not guilty to the charge.
At the resumed hearing today, the second prosecution witness, PW2, Stefan Somogyi, an accountant with Antasa International Group , showed the court documents containing the general account and invoices of a Belgium-based company, ATPMS, its profit and loss records as well as the income it generated between 2010 and 2011.
Led in evidence by the prosecution counsel, Rotimi Oyedepo, Somogyi said ATPMS generated a sum of €29million ( Twenty-nine Million Euros) as the total income and turnover.
Somogyi also told the court that the only income generated was the invoices the defendant sent to them.
Court Reserves Ruling on Variation of Maina's Bail Conditions, January 23
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- Written by Abdullahi Usman Rugga
The trial of Abdulrasheed Maina, former Chairman, Pension Reform Task Team, continued on Tuesday, January 14, 2020 with Justice Okon Abang of the Federal High Court Abuja, deferring ruling on the application for the variation of his bail conditions to January 23.
EFCC Arraigns Ex-Kwara Scholarship Board Chair, Two others for Bursary Fraud
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- Written by Abdullahi Usman Rugga
The Economic and Financial Crimes Commission ( EFCC) on Wednesday January 15, 2020 arraigned the immediate past chairperson of Kwara State Scholarship Board, Hajia Fatimah Yusuf and two others, namely: Fatai Lamidi and Stephen Ajewole before Justice Sikiru Oyinloye of the State High Court, Ilorin.
Valentine’s Day: EFCC, NYSC Plan Public Sensitisation Against Corruption
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- Written by Abdullahi Usman Rugga
The Economic and Financial Crimes Commission, EFCC, and the National Youth Service Scheme, NYSC, have agreed to use February 14, 2020, to engage and sensitize the youths of Nigeria in all the states of the country about the evils of corrupt practices.
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