25 January 2017

FOUR PERSONS, INCLUDING EX NBC BOSS ARRAIGNED FOR 2.8bn FRAUD BY EFCC



The Economic and Financial Crimes Commission on Tuesday arraigned a former Director General of the National Broadcasting Commission, Emeka Mba,  on 15 counts of money laundering and procurement fraud involving N2.8bn.

Mba and his co-accused persons were arraigned before Justice Gabriel Kolawole of a Federal High Court,  Abuja

Mba was arraigned alongside a former Director of Finance of the NBC, Patrick Areh; Basil Udotai, (who was said to be trading in the name and style of Technology Adviser) and Babatunji Amure (trading in the name and style of Divine Partners).

They were alleged to have at various times connived and transferred a sum of N2,899,723,500 from the account of NBC through various proxies for their personal gains.

Mba was also alleged to have used his office as the Director General of the NBC to award contracts without following due procurement process.

The defendants pleaded not guilty when the charges were read to them

Read more here

SOURCE : PUNCH

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