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EFCC Arraigns University Don For N7.5mn Fraud - Education - Nairaland

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EFCC Arraigns University Don For N7.5mn Fraud by Ptimes: 6:27am On May 31, 2013
The Economic and Financial Crimes Commission, EFCC, on Tuesday arraigned a lecturer with the Ambrose Ali University, Ekpoma, Edo State, Stephen Abah, before of a Federal Capital Territory High Court presided over by Olasumbo Goodluck, on a two count charge bordering on criminal breach of trust, conspiracy and obtaining money by false pretence.

The accused is alleged to have, between August 2008 and March 2009, obtained $48, 500 (N7.5 million) from one Udeh Godwin under the guise of setting up a joint company; but diverted the funds to personal use.

The offence is contrary to section 311 of the Penal Code and punishable under section 312 of the same code.

Read more at:===>http://premiumtimesng.com/news/137020-efcc-arraigns-university-don-for-n7-5mn-fraud.html

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