EFCC Arraigns Man For N300m Fraud
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Monday, February 19, 2017, arraigned one Chukwuemeka Ekwunife and his company, Structured Energy Limited, before Justice Serifat Solebo sitting at the State High Court, Ikeja, Lagos.
Ekwunife, was arraigned on Monday, February 19, 2017 on an eight-count charge bordering on stealing and fraudulent conversion to the tune of N300,000,000 (Three Hundred Million Naira).
The suspect was arrested following a petition received from a complainant, Nepal Oil and Gas Limited.
The defendant pleaded not guilty to the charge preferred against him.
Justice Solebo adjourned the case to February 26, 2018, for hearing of the bail application and commencement of trial.
Defendant was however remanded in Kirikiri Prison pending the determination of the bail application.