Tuesday, 8 July 2014

EFCC arraigns three for stealing dead men’s N141.7m

from: Punchng.com


EFCC Chairman, Ibrahim Lamorde

The Economic and Financial Crimes Commission on Monday arraigned three suspects before Justice Lawal Akapo of a Lagos High Court, Ikeja, for allegedly stealing from the dead.
EFCC said Mohammed Lawan (65), Raphael Okomoda (50), and Adegbdsan Theophilus (38), stole N141.7m from Alhaji Shande Dzungwe and Alhaji Koto, who were both deceased, by selling their shares.

The suspects were arraigned on different criminal counts bordering on conspiracy, obtaining money by false presences, stealing, impersonation, forgery, using false document and money laundering.
While Lawan was charged with 19 counts, Okomoda and Theophilus were charged with seven counts each.

The EFCC said the suspects were arrested following a report of a fraudulent sale of shares of two deceased shareholders who had shares in several blue chip companies including Agip Nigeria Limited, Total Oil, Union Bank Nigeria Plc, Nestle Nigeria Plc, Mobil Oil Nigeria Plc, Unilever Nigeria Plc and Nigeria Breweries Plc.

“The stocks were fraudulently claimed, converted and sold by the three defendants.

“Lawan forged the identity cards, driving licences, school certificates and international passports of both Dzungwe and Koto, to perfect the scam.

“The total value of shares converted and sold by the three defendants was N141,652,951,” the EFCC said.


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