N134m Scam: EFCC Arraigns Three Fraudsters

N134m Scam: EFCC Arraigns Three Fraudsters

The Economic and Financial Crimes Commission on April 10, 2013 arraigned three suspected fraudsters- Sani Abubakar, Ahmad Mohammed and Kabir Sani- before  Justice Rilwanu Aikawa of the Federal High Court Sokoto on 6-count charge that borders on forgery and obtaining under false pretence.

 

The charge reads in part ; “that you Sani Abubakar being the Managing Director/CEO of Arugungu Microfinance Bank Limited, Ahmad Mohammed, being Director of Personnel Management at the State Basic Education Board, Augie Local Government Education Authority, Kebbi State and Kabir Sani, being Assistant Technical Officer Augie Local Government Education Authority, Kebbi State sometimes in 2008 at Kebbi State within the Judicial Division of this Honorable Court with intent to defraud made a forged document titled “State Universal Basic Education Board” Letter headed paper cosigned by the Education Authority dated the 13th day of September, 2008, in respect of Management Letter of Guarantee/undertaking in favour of Access Bank Plc on behalf of Nigerian Union of Teachers Chairman, LGEA Augie, Kebbi State which you  knew to be false and was acted upon as genuine by the Access Bank Plc to grant a loan facility of N60,250,000 and thereby committed an offence contrary to section 1 (2)(c) of the Miscellaneous Offences Act Cap M17 Laws of the Federation of Nigeria , 2004 and punishable under the same section.

“That you Sani Abubakar being the Managing Director/CEO of Arugungu Microfinance Bank Limited; Ahmad Mohammed being Director of Personnel Management at the State Basic Education Board, Augie Local Government Education Authority, Kebbi State and Kabir Sani being Assistant Technical Officer Augie Local Government Education Authority, Kebbi State sometimes in 2008 at Kebbi State within the Judicial Division of this Honorable Court conspired among yourselves to do an illegal act to wit: obtaining 850 motorcycles worth N74,750,000 (Seventy Four Million, Seven Hundred and Fifty Thousand Naira Only) by false pretence from the Manager, EL-JAVA International Limited and thereby committed an offence contrary to Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under section 1(3) of the same Act”.

The accused persons pleaded not guilty to the charge prompting the prosecution counsel, Sa’ad Hanafi Sa’ad  to request for a date for trial. However, counsel to the first accused, Sunday Olowomoran presented a formal bail application for his client while counsel to the 2nd and 3rd accused persons, E.C Eguelina tabled an oral bail application for his clients. But the prosecution counsel argued that he needed time to respond.

The presiding judge adjourned the case to 23rd April 2013 for hearing of bail applications and ordered that the 2nd and 3rd accused persons be remanded in prison custody while the 1st accused was remanded in EFCC custody.

Wilson Uwujaren

Ag. Head, Media & Publicity

12th April, 2013

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