• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Anti-Corruption EFCC Arraigns Ex-NLNG Cooperative Chief, Four Others for N207m Fraud
  • Anti-Corruption

EFCC Arraigns Ex-NLNG Cooperative Chief, Four Others for N207m Fraud

By
Wilson Uwuajren
-
May 28, 2015
The Economic and Financial Crimes Commission, EFCC, on Tuesday, May 26, 2015 arraigned Julius Ola Peters, Emeka Iloegbunam, Ijeoma David Alanza, Dinijocs Nigeria Limited and Jonathan Wallang before Justice Ishaq U. Bello of the Federal Capital Territory High Court, sitting in Maitama, Abuja on a 12-count charge bordering on forgery and obtaining money under false pretences to the tune of N207, 000, 000,000 (Two Hundred and Seven Billion Naira).
 
Peters and Iloegbunam, who were former President and Vice- President respectively of the NLNG Staff Bonny Co-operative Investment and Credit Society Limited, alongside Alanza and Dinijocs, allegedly obtained the sum of N1, 220,000,000.00 (One Billion, Two Hundred and Twenty Two Million Naira) in excess of N830, 000,000.00 (Eight Hundred and Thirty Million Naira) from the cooperative society under the pretext of buying a plot of land on behalf of the members of the NLNG cooperative society.

One of the counts reads:  “That you Julius Ola Peters, Emeka Iloegbunam being the former president and vice president respectively of the NLNG Staff Bonny Co-operative Investment and Credit Society Limited, Ijeoma David Alanza and Dinijocs Nigeria Limited sometime between August, 2011 and January 2012 in Abuja within the Jurisdiction of the High Court of the Federal Capital Territory, Abuja with intent to defraud obtained the sum of N1,220,000,000.00 (One Billion, Two Hundred and Twenty Million Naira) by false pretences in excess of the actual purchase price of N830,000,000.00 (Eight Hundred and Thirty Million Naira)  only from the NLNG Staff Bonny Co-operative Investment and Credit Society Limited under the pretext that same was consideration for buying a plot of land viz: Plot No.1, Idu-Sabo District, Cadastral Zone D04, measuring 643398 Hectares covered by file no: MISC 106282 from Larix Company Limited for the benefit and on behalf of members of the  NLNG Staff Bonny Co-operative Investment and Credit Society Limited and thereby committed an offence contrary to Section 1(1)(a) of the Advanced Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1(3) of the same Act.”

The accused, pleaded not guilty to the charge when it  was read to them.
 
In view of their pleas, counsel to EFCC, Onejefu Obe, prayed the court to fix a date for trial.
 
Counsel to the second accused person, K. Chukwudi, SAN,   prayed the court to admit the accused to bail, adding that the offence is bailable. 
 
He also informed the court that the accused persons are on administrative bail.
 
Obe raised no objection to the bail application.

Justice Bello, while admitting the accused persons to bail ordered them to continue the bail terms earlier granted them by the Commission.
 
The case has been adjourned to June 30, 2015 for commencement of trial.
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleAs The Journey of CHANGE begins…
Next articleNigerian Military Nabs Bomb Makers in Gombe… Calls for Vigilance During Inaugurations
Wilson Uwuajren
Wilson Uwuajren
https://prnigeria.com/

RELATED ARTICLESMORE FROM AUTHOR

ICPC, EFCC, CCB Partner on Commonwealth Anti-Corruption Research Initiative

ICPC), Dr Musa Adamu Aliyu, SAN

ICPC Chairman Advocates Speed, Consistency in Handling Corruption Cases

Court Admits Samuel Aruwan’s Statement in ICPC’s Money Laundering Case Against Ex-El-Rufai Aide

NAHCON

Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu Administration

Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

FG Reaffirms Non-Interference in ICPC, EFCC Operations

ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

Engr Abba Babagana Dalori

Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

Chinese nationals jailed in Lagos

Court Jails Nine Chinese Nationals for Cybercrime in Lagos

ASUU

Tackle Corruption, Institutional Decay – ASUU Charges FG

EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences Kano Make-Up Artist for Naira Abuse

PRNigeria logo fearured image

EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • NAF Donates N23 Million to Victims of Airstrike in Yobe
  • Tinubu Returns to Abuja After High-Level Counterterrorism Meeting in Rome
  • Kenya’s Tourism Revolution: A Blueprint for Africa’s Growth By Veronica Abuede, ANIPR
  • Badaru Inspects Production Progress of 34 NAF Aircraft in Italy
  • When Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter Duru
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
NAF Donates N23 Million to Victims of Airstrike in YobeTinubu Returns to Abuja After High-Level Counterterrorism Meeting in RomeKenya’s Tourism Revolution: A Blueprint for Africa’s Growth By Veronica Abuede, ANIPRBadaru Inspects Production Progress of 34 NAF Aircraft in ItalyWhen Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter DuruWikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection NetworkDozens Eliminated as NAF Shells Bandits Convoy in Niger, Recovers Rustled CattlePolice Intercept Suspects, Recover 75 Phones, 5 Laptops in LagosJUST IN: 21 Abductees Regain Freedom as Army Sustains Offensive Against Bandits in Kwara, KogiNASI Commandant Charges Newly Promoted Colonels to Uphold Discipline, DedicationFG, States, LGs Share N2.1trn from September Revenue – FAACLagos Police Nab Armed Robbers, Recover Firearms, Stolen VehiclesTerrorists Have Killed More Muslims Than Christians — Trump’s AdviserNAF Donates 35,000-Litre Borehole to Edo CommunityBaze University SRC pays Courtest Visit to Chancellor, Senator Yusuf Datti Baba-Ahmad
X whatsapp