The EFCC, on August 2, 2016 arrested a level six officer of the Accounts Department of the Federal Airports Authority of Nigeria, FAAN, Christy Olabode, for an alleged fraud to the tune of N100 million.

Also arrested was her younger brother, Abdul-Shehu Obaze, a staff at the Commercial Department of FAAN in Ilorin, Kwara State, and Dominic Ojo, an IT officer at FAAN Headquarters, Lagos.

Her arrest followed an anonymous petition, which indicated that she allegedly diverted the said sum, by inserting names of non-FAAN staff into its payroll.

She allegedly conspired with Obaze, to perpetrate the fraud. Obaze was found to have maintained not less than eight accounts in seven new generation banks, which were used to receive the funds for onward distribution to “several high ranking officers within the FAAN”.

The funds were being paid into his various bank accounts with the narrative, “Furniture Allowance”.
However, while allowance for FAAN’s furniture is usually paid once in three years, Obaze received the “allowance” several times within a year.

Investigations carried out by the EFCC revealed that the fraud had gone on since 2013.
It unearthed a payroll with names of many dead, retired and disengaged staff of FAAN listed against Obaze’s different bank accounts...

Read more at: http://independentnig.com/2016/08/06/efcc-arrests-three-faan-staff-over-n100million-fraud/

Good job EFCC.

A little puzzled though.

How come there is a FAAN commercial Department in faraway Ilorin?what is commercial about a struggling town like ilorin?

Enugu,Port-Harcourt or even Calabar would have been better.

Keep up d good work EFCC

F; Fraudulent
A: Accounting
A; Air personnel of
N: Nigeria!



No wonder!

Good job.
Level 6 is like school cert holder.
Not surprised that the scam has been going on since 2013, during the transformation era.

The fraudsters are all Yorubas. No Igbo. No Hausa. No Niger delta.
Nawa o.