EFCC charges Ecobank, staff over alleged $50,000, N9.2m fraud - Daily Post Nigeria

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

EFCC charges Ecobank, staff over alleged $50,000, N9.2m fraud

gh Court sitting in Ikoyi – Lagos, on a five-count charge bordering on conversion of funds for personal use and stealing.However, when the case was called up, the first defendant, Ecobank Plc, had no legal representative.

The prosecution counsel, Bilkisu Buhari, told the court that she had “Proof of Service” of the charge served on the bank.

Counsel to the second defendant, O.J. Owoh, told the court that he had yet to file a bail application due to the fact that he received the charge two days ago. He also prayed the court to remand his client in the EFCC custody pending the filing and service of the bail application. Justice Seidu adjourned the case to March 12, 2019, for commencement of trial and ordered the defendant to be remanded in prison custody.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Presidential Amnesty Fraud: EFCC secures final forfeiture of N732.85 million - Premium Times NigeriaJustice James Tsoho of the Federal High Court in Abuja on Friday granted the application of the Economic and Financial Crimes Commission (EFCC)
Source: PremiumTimesng - 🏆 3. / 78 Read more »

N25bn Fraud: EFCC Arraigns Ex-Skye Bank Chair, AyeniThe Economic and Financial Crimes Commission, EFCC, on March 7, 2019, arraigned a former chairman, Board of Directors, Skye Bank Plc, Tunde Ayeni before Justice Ijeoma Ojukwu of a Federal High Court, (FHC) Abuja on a 10-count charge, bordering on money laundering to the tune of about N25,415,080,000. Ayeni was arraigned along with Timothy Ajani […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »