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Nigerian Court Orders Arrest, Extradition Of Two Indian Nationals, One Briton For Alleged $42million Fraud | Sahara Reporters

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A Federal High Court sitting in Lagos State has issued a warrant for the arrest and extradition of three foreign nationals, namely Prem Garg, Devashish Garg and Marcus Wade to enable them stand trial in Nigeria over allegation of fraud amounting to US$ 42,485,900.00. Justice Akintayo Aluko issued the warrant against the foreign nationals to stand trial over the fraud allegedly against a Nigerian Bank.

Nigerian Court Orders Arrest, Extradition Of Two Indian Nationals, One Briton For Alleged $42million FraudJustice Akintayo Aluko issued the warrant against the foreign nationals to stand trial over the fraud allegedly against a Nigerian Bank.

The trio are accused of fraud in a petition to the Department of Public Prosecutions, Federal Ministry of Justice, Abuja, by Ecobank Nigeria, in connection with request for a loan facility for the importation of rice in 2015. The facility was to be repaid primarily from the proceeds of the sale realised from the imported products and other revenues realised from the business in accordance with the agreement.

 

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They’re lending foreigners this much money but we citizens barely get access to credit.

Nigeria court and initial gragra on foreigners 5&6

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