Showing posts with label EFCC Arraigns. Show all posts
Showing posts with label EFCC Arraigns. Show all posts

Tuesday, September 30, 2014

EFCC Arraigns 60 year old Man for N37.5m Scam



A 60-year-old man, Vincent Odionu was on Monday September 29, 2014, arraigned before Justice M.A. Onyetenu of the Federal High Court, Abakaliki, Ebonyi State, by the Economic and Financial Crimes Commission, EFCC, on a 2-count charge that borders on stealing, forgery and impersonation
The accused person who is an agent to a brokerage firm, Lion Stockbrokers Limited, allegedly conspired with others to sell the shares of Onwubu Gibson Anake ( deceased) in several blue chip companies ( RT Briscoe, CFAO, Cement Company of Northern Nigeria, First Bank, Oando, Nigerian Breweries, etc) without authorisation. The total value of the shares sold by the accused is put at Thirty Seven Million, Five Hundred and Fifty Five Thousand Naira only.
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