EFCC Arraigns 60 year old Man for N37.5m Scam
Find the EFCC Press statement below ... 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. One of the counts in the charge reads,” That you Vincent Odionu sometime in March 2008 in Abakaliki, Ebony State within the jurisdiction of the Federal High Court of Nigeria with intent to defraud obta...