EFCC Nabs Varsity Students Over Dividend Scam

Economic and Financial Crimes Commission (EFCC), has arrested two university students who specialise in intercepting investors dividend warrants.
They are Asekome Jalli Abdu, final year students of Economics, and Ugoji Theophilus Ugoji, a 100 level student.

According to a release signed by the Head, Media and Publicity, EFCC, Mr. Femi Babafemi, the duo were arrested in Enugu, by EFCC operatives from the South-east Zonal office of the Commission, who were detailed to investigate activities of the syndicate.Ugoji was arrested in connection with a first generation bank's dividend warrant valued at  N1, 215,000.00.

The dividend warrant, which belongs to one Abodokumor Nana, was fraudulently intercepted and lodged in an account opened by Ugoji, in another first generation bank account in Nana's name.

After a long trail, operatives eventually arrested Ugoji on August 28, while trying to  withdraw  from the account at one of the bank's branches in Enugu.  Asekome was arrested over a brewery's dividend warrant valued at  N478, 182.00, only.

He had on September 7, 2006, used his own passport photograph in the account opening mandate package at a Benin City branch of an old generation bank, as Akujobi Nnadunaka Edako Peter.

Asekome and Akujobi thereafter connived to intercept the  dividend warrant of one Kelechi Nwelue, erased his name and printed it in Akujobi’s name, which had earlier been used to open the  account.

The dividend warrant was later paid into the account. Asekome, in his statement, admitted operating the account, made several deposits and withdrawals, but under the guidance of Akujobi, who is a signatory to the account. Akujobi is presently at large.Babafemi said all the suspects will soon have their dates in court.

THISDAY 24TH SEPTEMBER, 2009.

Dear Lord!

Corruption on the fast lane.

What do you expect an idle man to do? Besides most of our fathers in Government are execuTHIEVES likewise some of their children.

so EFCC and SSS no get work now but to dey follow students for yansh abi 
yara dull they hear all this things wey they happen so? abi im still dey saudi arabia they commot peg for another person eye
make una call off this strike or, 

What do you expect of people that are ready to learn but the FG/ASUU depriving them of their rights.

Scam is even better than killing innocent citizens because of money

this things happen all around the world,do have an idea how much the USA losses to frude on a yearly basis. this thngs have been around for awhile and would continue to be

it sound so funny

Students of which university?

Says a lot`All l want to know is l want to get off your website and remove my name from the website, typically he or the workers can`t be asked.Checked my Q and  NOT playing fool no reply and you will be subjected to the law that allows you to trade.Thanks for the humanity in the western world!!!

@ Seun
Students of which university?

University of Abuja, don't mind them, Abuja is the house of Money

Nation of scammers indeed.

u can call urself a scammer if u like cos u r a nigerian. but i dont agree we are hopeless, our generation will change things. lets learn from the mistakes of our leaders.