A former Head of Civil Service of the Federation, Mr. Stephen Oronsaye has just arrived the Federal Capital Territory, FCT Federal High Court for his arraignment by the Economic and Financial Crimes Commission, EFCC.

Orosanya is being arraigned over his alleged involvement in a N190million fraud.
He is facing a fresh two-count charge of corruption and obtaining money by false pretence before Justice O. O Goodluck.

The anti-graft agency alleged that the former Head of Service used his position as chair of the Presidential Committee on the Financial Action Task Force to fraudulently obtain N190million, being part of the N240m grant which the committee received from the Central Bank of Nigeria, CBN.

EFCC, in a statement by its spokesman, Wilson Uwajaren over the weekend explained that the two fresh count charges for which Orosanya is standing trial for at the FCT Federal High Court is different form those the accused person alongside others are facing at the Federal High Court, Abuja.

According to Uwajaren, “This new charge is different in all material particular from the existing charge for which Oronsaye, Osarenkhoe Afe, and their accomplices are being prosecuted before the Federal High Court, Abuja on 35 charges of fraud and money laundering involving N2billion.”

“In the previous charges, Oronsaye and his co-accused, were alleged to have been complicit in several contract awards during his tenure as HoS, using two companies, Federick Hamilton Global Services Limited, and Xangee Technologies Limited, for shady biometrics enrollment deals to the tune of N2 billion.”

The charge reads, ” Stephen Oronsaye a.k.a. Mr Steve Oronsaye on or about 12th June, 2013 at Abuja within the jurisdiction of the High Court of the Federal Capital Territory whilst being the Chairman of the Presidential Committee on Financial Action Task Force and in such capacity entrusted with certain property to wit: the sum of N90,000,000.00 ( Ninety Million Naira) committed Breach of Trust in respect of the said sum by converting it to your personal use through the investment of the said sum of N90,000,000.00 in Access Bank Plc’s Bankers Acceptance for a tenor of 90 days at 9.0% interest rate in violation of the extant financial regulations

“Stephen Oronsaye a.k.a. Mr Steve Oronsaye on or about 30th December, 2014 at Abuja within the jurisdiction of the High Court of the Federal Capital Territory whilst being the Chairman of the Presidential Committee on Financial Action Task Force and in such capacity entrusted with certain property to wit: the sum of
N100,000,000.00 ( One Hundred Million Naira) committed Breach of Trust in respect of the said sum by converting it to your personal use through the investment of the said sum of N90,000,000.00 in Access Bank Plc’s Bankers Acceptance for a tenor of 90 days at 12.0% interest rate each in violation of the extant financial regulations.”


source:dailypost.ng/2016/03/15/breaking-n190m-fraud-orosanya-arrives-court-for-arraignment-photos/

na probe we wan chop

Is it true that this probe won't revive our economy that is going down the drain

Keep hiding your face in shame Oronsaye.Ole!!!!!!!

That was how your act was hiding and finally it has been expose.... Shameless leader & Father!!!

These priviledged elders who are soiling their hands at this late stage of their lives. They went to free school when Nigeria was good, got jobs while in Uni, got fed govt salary all their lives for doing virtually nothing, and still end up stealing billions!!!

They are destroying what they met and leaving nothing good behind. Shameless old men!

9 months in government not even a fly has been convicted.

You arrest people without substantial evidence. ..parade them on newspapers, Keep the masses busy and they get bail after 4days.

Can't this man see that this thing is not working. Why not restrategize...get all evidence needed before shouting on newspapers

Orosanya will get bail before next week and then the case continues till Buhari leaves office.

People are hungry. THis year has 9 months to go and nothing in view as regards the economy.

Abeg how do we beg this our president to sit down and work....

Is he dodging the camera or making calls?

190m that will go a long way to settle part of my business plans

When the looting was good, he was happy being photographed. Now that things have taken a different turn, he's hiding his face in shame.
He and many others are the main reasons why we have a large contingent of jobless youths.

Thank God Buhari won the last election,lot of people would have been walking free with lot of monies without anyone asking them, because they got the connection and the money God help Nigeria and God bless GMB