Hello 

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 to arraign 2 suspects over N31m scam

21 January 2013, 07:36

Lagos - The Economic and Financial Crimes Commission (EFCC) says it will arraign a Malaysia-based Nigerian suspect and his Nigerian-based accomplice over N31 million scam on 21 January.

This is contained in a statement signed by the commission's spokesman, Mr Wilson Uwujaren, in Lagos on Sunday.

According to the statement, the suspects will be arraigned before a Federal High Court, Lagos.

"They will be docked before Justice Mohammed Idris, on two separate charges of Money laundering and False Declaration of Assets," said the statement.

It stated that the principal suspect was the Malaysia-based Nigerian undergraduates arrested by the EFCC in December 2012.

The statement stated that the 25-year-old suspect, an indigene of Okene, Kogi, claimed he is a Computer Science student at the Kuala Lumpur Metropolitan University, Malaysia.

It noted that the suspects were arrested at the 1004 Housing Estate, Victoria Island, Lagos, following a tip-off.

"But the Commission’s investigation fingered him as the arrow head of an intricate web of Internet fraud scheme that traverses two continents," it added.

"His accomplice is a Bureau De Change operator. Through him, the principal suspect was able to launder proceeds of multiple scams to the tune of over N31 million.

"The duo enjoys a cozy business relationship that saw the accomplice travel to Malaysia twice between September and October 2012 at the instance of the principal suspect."

It said that when the suspect was arrested, a search conducted by EFCC operatives on his apartment led to the recovery of items such as laptops, iPad phones, travelling documents and cheque books.

It said other items recovered were flash drives, Internet modem, and three exotic cars - a Mercedes Benz Jeep, One 4Matic Mercedes Benz Car and a Range Rover Sport SUV.

"Operatives of the EFCC also downloaded over 80 implicating documents from the laptops recovered from him."

- NAN

Tags efcc
NEXT ON NEWS24 NIGERIAX

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Caleb Kayvibe Kalu
Foreign news

One of the latest trend of events in the international system is the fact that Greece as a world known civilized country is now in debt. Read more...

Submitted by
Bangbe Ayomide
My mentor

Also when it's time to surrender everything to death we have no option than to give up. Read more...

Submitted by
Down Town
Most beautiful girl in LASU

LASU most anticipated event after so many unanswered questions being so voluminous, the Downtown Promotion in conjunction with the Lagos State University Students Union Read more...

Submitted by
Enak Emma
Cross River denies military exped...

The Special Assistant on Media and Chief Press Secretary to Governor Ben Ayade of Cross River State, Christian Ita, has debunked reports trending in the social media that Calabar. Read more...

Submitted by
Peregrino Brimah
APC: Fighting for booty or fighti...

I am tempted to ask, why are the APC fighting all over the place? Read more...

Submitted by
Peregrino Brimah
#ScrapTheSenate: Opening the requ...

I utilize this forum to invite all progressive meaning Nigerians to the important debate on whether and when we should scrap the senate. Read more...