Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


EFCC arraigns 3 over N25m fraud

04 June 2013, 16:17

Ikeja - Three businessmen, Roland Enang, Sam Onuoha and Theo Ohiagu, on Tuesday appeared before an Ikeja High Court over an alleged N25 million fraud.

The News Agency of Nigeria (NAN) reports that they were arraigned alongside their company, Claysworth Oil Ltd., before Justice Adeniyi Onigbanjo.

Enang, 41, resides at No. 1 Oye Balogun St., Lekki, Lagos, while Onuoha,53, and Ohiagu, 64, are both resident at No.19, Castle Road, Lekki Extension, Lagos.

The Economic and Financial Crimes Commission (EFCC) charged the accused persons with conspiracy and obtaining money under false pretences.

EFCC Counsel, Zainab Etuh, submitted that they fraudulently obtained N25 million from Africoat Ltd., on March 17, 2011 in Ikeja.

Etuh said that they falsely obtained the sum in the pretext of securing a guarantee from the HSBC Bank, Hong Kong for a company, Delta Omega Ltd.

She said that the offences contravened Sections 1(2)(3) and 8 (a) of the Advance Fee Fraud and Other Fraud-Related Offences Act, No. 14 of 2004.

NAN reports that if convicted, the accused can be jailed for 20 years.

All the accused, however, pleaded not guilty to the two-count charge.

The court granted them bail in the sum of N1 million with two sureties each.

The judge ordered that the sureties must be resident in Lagos State and should produce evidence of two years tax payment to the Lagos State Government.

 He said that one of the sureties must own a landed property in Lagos State, while the other must be a civil servant of Grade Level 12 and above.

"The accused persons shall report to the Investigative Police Officer (IPO) on the first Friday of every month pending the determination of the case.

"They are also to surrender their international passports and other travelling documents to the EFCC, which shall not be released without the express permission of the court," he ruled.

He adjourned the case till Dec.16 for substantive trial.


Join in the conversation on our Facebook page. Also get the latest news by following us on Twitter


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...