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NNPC Staff Convicted for Defrauding NUPENG as EFCC Nabs Forex Trader in Kano for Fraud
Justice Darius Khobo of the Kaduna State High Court, Kaduna on Thursday, October 15, 2020, convicted and sentenced one Nuhu Aliyu for fraud.

Aliyu, a staff of Nigerian National Petroleum Corporation, (NNPC)/Nigerian Pipeline and Storage Company Ltd (NPSC) and Chairman, PENGASSAN PPMC Kaduna Depot Branch, defrauded the NNPC to the tune of N1,834,900.00 (One Million, Eight Hundred and Thirty-four Thousand, Nine Hundred Naira) in October 2017.

He was prosecuted by the Kaduna Zonal Office of the Economic and Financial Crimes Commission, EFCC, on amended one-count charge of criminal breach of trust and abuse of office to which he pleaded guilty.

Following his guilty plea, prosecution counsel Y.J.Matiyak tendered 11 documents that were admitted as exhibits and urged the court to convict and sentence him accordingly.
He was convicted and sentenced by the judge to pay the sum of N100,000 (One Hundred Thousand Naira) to the federal government or risk a 10 years jail term.

Justice Khobo further pronounced that the EFCC should recover the proceeds of the crime from the convict and transfer it in favour of the PPMC.

The convict pulled off the fraud by summoning an emergency meeting of a few NUPENG executives, and deliberately left out some others with the sole aim of having the liberty to process some payments to himself. Though the meeting did not hold, he went ahead to facilitate the payments to himself by splitting the payments into two. One to himself, to the tune of N934,900 (Nine Hundred and Thirty-four Thousand, Nine Hundred Naira) and the other to Muktar Aliyu, NUPENG’s secretary in the state, to the tune of N900,000.00 (Nine Hundred Thousand Naira).

Muktar Aliyu, however, routed back the sum to Nuhu Aliyu, thereby making the chairman the sole beneficiary of an illicit payment of N1,834,900.00 (One Million Eight Hundred and Thirty-four Thousand, Nine Hundred Naira).
It was further discovered that to facilitate the payments, the convict forged the signatures of some other NUPENG officials with the help of one Ibrahim Yakubu Shekarau.

In a related development, the Kaduna Zonal Office of the Commission on Tuesday, October 13,2020, arraigned one Christopher Nduka before Justice Khobo on a two-count charge, bordering on issuance of dud cheque to the tune  of N397,500 (Three Hundred and Ninety-seven Thousand, Five Hundred Naira).
The defendant was remanded in custody following the failure of his counsel, Simon Nnadi to formally file a bail application for him.
However, at the resumed hearing on the matter on Thursday, October 15, 2020, the defence counsel informed the court that he has filled his client’s bail application and urged the court to grant him bail on medical ground to enable him prepare for his trial, while prosecution counsel, Y.J.Matiyak opposed the application on the ground that the defendant is a habitual issuer of dud cheques, and at such, would likely go back to the crime if released on bail.

Justice Khobo admitted the defendant to bail in the sum of N4 million with one surety in like sum, who must be resident in Kaduna State, and must have a landed property within the jurisdiction of the court. The surety must also submit the Certificate of Occupancy (CofO) of his land to the court, verified by the EFCC.
The case was adjourned till November 16, 2020 for continuation of trial.

Trouble started for Christopher when he allegedly issued two cheques to one Santos Abu Attah in the sums of N265, 000 (Two Hundred and Sixty-five Thousand Naira) and N132, 500 (One Hundred and Thirty-two Thousand, Five hundred naira) respectively, for the purchase of 150 bags of cement, which were dishonoured at the bank for insufficient credit in the accounts.

Wilson Uwujaren
Head, Media & Publicity
16 October, 2020

EFCC Arraignd Forex Trader in Kano over N7.6m Fraud

The Kano Zonal Office of the Economic and Financial Crimes Commission today  October 16, 2020 arraigned one Abubakar Ibrahim before  Justice Lewis A. Allagoa of the  Federal High Court, sitting in Kano,  Kano State on a five count charge of money laundering.

One of the counts read ” That you Abubakar Ibrahim (being the Managing Director of Flexus Global Investment Ltd) while acting in such capacity, sometimes in 2019 in Kano, Kano State within the jurisdiction of this Honorable Court did fail to declare the existence of your company with Special Control Unit Against Money Laundry (SCUML) before commencing business under the name Flexus Global Investment Limited and thereby committed an offence contrary to Section 5(1) (a) (i) and punishable under Section 5(6) (a) & (b) of Money Laundering (Prohibition) Act, 2011 (As Amended).

The Defendant pleaded ’’not guilty” to the charges preferred against him.

In view of his plea, prosecution counsel, Michael Ojo asked the court for a date to commence; that the accused person be remanded in the custody of the Nigerian Correctional Service.

But the defence counsel, H.A Hamza urged the court to admit the defendant to bail.

Justice Allagoa granted the defendant bail in the sum of Fifty Million Naira (N50, 000,000.00), with one surety in like sum. The surety must be the owner of a landed property within Kano metropolis, which shall be verified by the registry of the court.

The case has been adjourned till November 19, 2020 for trial.

The defendant who is promoter of Flexus Global Investment allegedly used the company which is not duly registered with the SCUML to engage in foreign exchange trading. Through one of his agents, Umar Kabir, he allegedly obtained a total sum of Seven Million Six Hundred Thousand Naira (N7, 600,000.00) from the complainant with the promise of 30-35 percent monthly return on investment.

However, after investing the said sum the complainant neither received the promised interest nor get a refund of the sum invested.

Wilson Uwujaren
Head, Media & Publicity
16 October, 2020