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P&G Head Of Sales Allegedly Spent Firm’s N20m On Online Betting - Crime - Nairaland

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P&G Head Of Sales Allegedly Spent Firm’s N20m On Online Betting by BrandSpurNG: 8:48pm On Mar 16, 2021
Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested one Emmanuel Chigozie Eze, a 35-year-old Head of Sales for Procter and Gamble company, for allegedly embezzling over N20m (Twenty Million Naira) company funds, which he claimed to have spent on online sports betting.

He was arrested along ‘K-Line area’ of Ewet Housing Estate in Uyo, Akwa Ibom state, following a petition. The petitioner alleged that Eze used his position as Head of Sales for Procter and Gamble, to supply goods worth over N20m to customers and converted same for personal use.

According to the complainant, the suspect between March 2020 and January 2021, sold goods worth the said amount and fraudulently collected monies from various customers using his personal account rather than the company’s account.

Investigations into the matter revealed that the suspect has a severe gambling problem as he spent over N4m placing bets on a daily basis with almost nothing to show for it.

It was also discovered that between July and December 2020, the suspect received over N18m from one of the company’s major customers (name withheld) for goods, which were not fully delivered. According to the customer, she’s still expecting the balance of goods worth over N8m.

The suspect will be charged to court as soon as investigations are concluded.

SOURCE:https://brandspurng.com/2021/03/16/pg-head-of-sales-allegedly-spent-firms-n20m-on-online-betting/

1 Like

Re: P&G Head Of Sales Allegedly Spent Firm’s N20m On Online Betting by jeyselassie(m): 8:54pm On Mar 16, 2021
Someone is head of sales in Procter and gamble and youre cross because he went gambling, what do you expect him to do again? Lol But on a real they should investigate that thing well it didn't just go into gambling. It's actually a smoke screen to keep looted funds till all is said and done. Forensic needs to be done
Re: P&G Head Of Sales Allegedly Spent Firm’s N20m On Online Betting by budaatum: 9:17pm On Mar 16, 2021
Either ways, he can cool his stupid gambling ass in jail!
Re: P&G Head Of Sales Allegedly Spent Firm’s N20m On Online Betting by Nobody: 9:48pm On Mar 16, 2021
This one use company money play 2 odds

Re: P&G Head Of Sales Allegedly Spent Firm’s N20m On Online Betting by Mynd44: 6:35am On Mar 17, 2021

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