• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
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
    • 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…

      PRNigeria logo fearured image

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

      EFCC Arrests 37 Suspected Internet Fraudsters in Ilorin

  • Fact-Check
  • Economy
    • Customs Diplomacy: Nigeria, Saudi Arabia Ink Mutual Assistance Deal

      Comptroller General Nigerian Customs Bashir Adewale

      Nigeria, Belarus Forge Alliance to Combat Smuggling, Facilitate Trade

      President Bola Ahmed Tinubu and CG Customs, Bashir Adewale Adeniyi

      Tinubu Hails Customs Boss Wale Adeniyi on Historic Election as WCO…

      WTO Lauds Nigeria Customs for Embracing Global Trade Standards

      Nigeria, Rwanda Sign Landmark Tax Treaty to Boost Cross-Border Investment

  • National
    • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice

      Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi…

      IGP Kayode Egbetokun Police Boss

      Police Rescue Trafficked Ghanaian Youth in Abuja

      Bashir Adewale Adeniyi Customs Boss

      Bashir Adeniyi: A Roadmap to Global Customs Leadership By Tahir Ahmad

      Arewa Discussion Group

      Arewa Discussion Group Launched to Tackle Northern Challenges

    • Government
      • Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi…

        Dantata laid to rest at Medina Cemetery

        Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery

        Tinubu Seeks Visa Waivers, Scholarships as Nigeria Establishes Diplomatic Ties with…

        Malam Yusuf Abubakar Dingyadi

        Dingyadi, PDP Chair’s Vocal Spokesperson, Resigns

        Ambassador Yusuf Maitama Tuggar

        Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

  • Security
    • Police Officer

      FCT Police Urges Influencers to Spotlight Heroism, Not Just Negativity on…

      Nigerian Police Force

      Anambra Police Launch Manhunt After Gunmen Kill 10 in Ogboji Attack

      MATAWALLE, cds, AND pERM SEC OF dEFENCE MINISTRY

      “You Are Now Nigeria’s Frontline Guardians in War Against Terrorism –…

      IGP Kayode Egbetokun Police Boss

      Police Rescue Trafficked Ghanaian Youth in Abuja

      Police Officer

      FCT Police Nab Notorious Kidnappers Linked to Killings, Mass Abductions in…

  • Features
    • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice

      Bashir Adewale Adeniyi Customs Boss

      Bashir Adeniyi: A Roadmap to Global Customs Leadership By Tahir Ahmad

      IGP Kayode Egbetokun Police Boss

      IGP Egbetokun: Leading the Charge for a Safer Nigeria By Danjuma…

      NDLEA Logo

      Drug Culture in Nigerian Music: When Art Imitates Harm By Arafat…

      Ambassador Yusuf Maitama Tuggar

      Ambassador Tuggar’s Doctrine of Calm in a World on Fire By…

  • State
    • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice

      Dantata laid to rest at Medina Cemetery

      Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery

      IGP Kayode Egbetokun Police Boss

      Police Rescue Trafficked Ghanaian Youth in Abuja

      Police Officer

      FCT Police Nab Notorious Kidnappers Linked to Killings, Mass Abductions in…

      Chief of Defence Staff (CDS), Gen. Christopher Musa

      Okuama 17: Court Orders Military Chief to Produce Detained Monarch in…

  • Event
    • NELFUND

      NELFUND Warns Students Against Fake Loan Application Portal

      EFCC Witness: Yahaya Bello Had No Property Dealings With EFAB

      Hon. Rukayat Motunrayo Shittu (RMS), with PRNigeria Ladies in PR I'm Abuja

      Rukayat Shittu Set to Publish Inspirational Book “Cracking the Glass Ceiling”,…

      Chief Cornelius Olatunji Adebayo

      Former Kwara Governor, Chief Adebayo, Dies at 84

      Managing Editor of Image Merchants, Mr Abdulrahman Abdulraheem, PR Expert, Celestine Achi and the Editor-in-chief, Yushau Shuaib presenting the book to PRNigeria center

      PRNigeria Commends New Book on Artificial Intelligence in Public Relations

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption EFCC Arraigns Businessman for N180m Fraud
  • Anti-Corruption

EFCC Arraigns Businessman for N180m Fraud

By
Wilson Uwujaren
-
October 13, 2015
EFCC
EFCC
efccThe Economic and Financial Crimes Commission, EFCC,  on Monday October  12, 2015 arraigned one Henry Alade and his company, Impact Direct Strategies and Execution Limited  before Justice Lawal Akapo of the Lagos State High Court, Ikeja on an eight count charge bordering on stealing, obtaining money by false pretence and forgery.
The accused person allegedly defrauded a new generation bank of N180, 000,000 (One Hundred and Eighty Million Naira Only) by using his company to secure an Invoice Discount Facility  (IDF) from the Bank.
Alade was said to have approached the bank requesting for Invoice Discount Facility worth N115 million and N65 million respectively, by fraudulently presenting forged invoices which he claimed represented a certain job he executed  for Airtel Networks Limited. The accused person is alleged to have connived with Henry Momoh and Ifem Odoh at the Airtel Corporate Headquarters who acknowledged the forged invoices when the resident auditor of the bank presented same at the Airtel office for verification.
Count one of the charge reads “that you Henry Alade and Impact Direct Strategies and Execution Limited on or about 3rd day of October 2013 in Lagos within the Ikeja judicial division with intent to defraud obtained Invoice Discount Facility in the sum of N115,000,000 (One Hundred and Fifteen Million Naira Only) by falsely presenting an invoice with PO Number 302069-0 allegedly for jobs executed for Airtel Networks Limited by Impact Direct Strategies and Execution Limited and thereby committed an offence contrary to section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 2006”.
The accused person pleaded not guilty to the charge when it was read to him.
 
Prosecution counsel, Israel Akande, asked the court to remand the accused person in prison custody pending the determination of the case while the defence counsel, Jeffery Ikwunze prayed the court to admit his client to bail.
Justice Akapo adjourned the case to October 26, 2015 for ruling on the bail application and ordered that the accused be remanded in Kirikiri Maximum prison.
 
Wilson Uwujaren
Head, Media & Publicity
13th October, 2015
PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media
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 articleThink-Nigeria Urges Boko Haram and Sponsors to Surrender
Next articleEFCC To Arraign Arinze, Internet Fraud Kingpin, Other in Asaba
Wilson Uwujaren
Wilson Uwujaren
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

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

EFCC, CCC and the Battle Against Corruption in Nigeria, By Mukhtar Ya’u Madobi

Ola Olukoyede, EFCC Chairman

EFCC’s Anti-Corruption War: Between Media Trial and Intelligence-Driven Operations

Olayiwola Oguntade

Court Sentences Ex JAMB Staff for N10m Fraud in Ibadan

Diezani-Alison-Madueke

Nigeria, US sign MoU to repatriate $53m linked to former oil minister, Diezani

EFCC Sacks 27 Fraudulent Officers for Misconduct

Court Okays EFCC’s Request to Freez 67 Bank Accounts Over Alleged Fraud

Official_JAMB_logo

JAMB, NRC Top ICPC Integrity Ranking

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • FCT Police Urges Influencers to Spotlight Heroism, Not Just Negativity on Security
  • For Aminu Dantata to Sleep Well… By Abdullahi O Haruna Haruspice
  • Nigerian Dignitaries, Business Leaders Attend Aminu Dantata’s Burial in Madinah Saudi Arabia
  • Legendary Business Mogul Aminu Dantata Laid to Rest in Madinah Cemetery
  • Anambra Police Launch Manhunt After Gunmen Kill 10 in Ogboji Attack
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
FCT Police Urges Influencers to Spotlight Heroism, Not Just Negativity on SecurityFor Aminu Dantata to Sleep Well… By Abdullahi O Haruna HaruspiceNigerian Dignitaries, Business Leaders Attend Aminu Dantata's Burial in Madinah Saudi ArabiaLegendary Business Mogul Aminu Dantata Laid to Rest in Madinah CemeteryAnambra Police Launch Manhunt After Gunmen Kill 10 in Ogboji AttackProtesters Occupy Public Offices, Call for NMDPRA Boss Probe"You Are Now Nigeria’s Frontline Guardians in War Against Terrorism – Matawalle Tells Special Forces GraduatesPolice Rescue Trafficked Ghanaian Youth in AbujaFCT Police Nab Notorious Kidnappers Linked to Killings, Mass Abductions in Abuja, KadunaOkuama 17: Court Orders Military Chief to Produce Detained Monarch in DeltaUnexploded Military Ordnance Recovered in Damaturu by PoliceSeparate IED Explosions Kill Teenager, Injure 2, Destroy Bridge in BornoTroops Eliminate 8 Boko Haram/ISWAP Terrorists in BornoYouths Applaud Tsenyil’s Confirmation, Back Tinubu’s Regional Development Troops Eliminate 10 Terrorists in Fierce Battle Near Cameroon Border
X whatsapp