EFCC Arraigns Suspect for N.960m Fraud


The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Monday, February 3, 2020 arraigned one Justice Chibuike Watts before Justice Sherifat Solebo of the Special Offences Court, Ikeja, Lagos on a two-count charge, bordering on obtaining money by false pretence and stealing to the tune of N960,000 (Nine Hundred and Sixty Thousand Naira).

One of the counts reads: “That you, Justice Chibuike Watts, on or about the 29th of November 2019, in Lagos within the Ikeja Judicial Division, with intent to defraud, induced Leila Ughe Ogbeide to transfer the sum of N960,000.00 (Nine Hundred and Sixty Thousand Naira) into your Zenith Bank account number No. 1001095879 on the understanding that you would give her the equivalent amount in the United States of America Dollars, on the same date, which pretext you knew was false and committed an offence contrary to Sections 1 (1) (a)and 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act No: 14 of 2006.”

The defendant’s pleaded not guilty to the charge, prompting prosecution counsel, Ahmed Yerima, to ask the court for a date for commencement of trial and for the defendant to remanded in a correctional facility.

Counsel to the defendant, H.O. Nndubusi, informed the court of a pending application for bail on behalf of his client.

Consequently, Justice Solebo granted bail to the defendant in the sum of N500, 000.00 (Five Hundred Thousand Naira) and one surety in like sum.

The matter was adjourned till March 11 and 12, 2020 for commencement of trial.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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