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Economic and Financial Crimes Commission (EFCC) Arraigns Man Over N50Million Fraud

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Economic and Financial Crimes Commission (EFCC)

Yesterday, The Economic and Financial Crimes Commission (EFCC)  arraigned a man named Wahab Olawale Amoo and his company, Wahab Amoo and Sons Nigeria Limited before Justice Adedayo Akintoye of the Lagos State High Court, sitting in Igbosere o-count charge bordering on four counts bordering on Conspiracy, Forgery and Obtaining by False Pretence to the tune of N50million.

The accused allegedly conspired with his company, the 2nd accused person, to defraud the complainant Fidelity Bank Plc of the sum of Fifty Million Naira (N50, 000, 000. 00)  by using forged documents to secure a loan facility through a property which was under caveat at the Land Registry, Lagos State.

However, He pleaded not guilty to the charges preferred against him.

Justice Akintoye adjourned the case to October 19, 2016.

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