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  • EFCC Exposes Another N3.9B Scam in CBN
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EFCC Exposes Another N3.9B Scam in CBN

Admin June 11, 2015

emefiele 2Another fraud of N3.9 billion at Ibadan branch of Central Bank of Nigeria, CBN, has been unearthed.

The revelation was made by counsel to Economic and Financial Crimes Commission EFCC, Mr. Rotimi Jacob while opposing the bail application of some suspects in the ongoing trial of N8 billion fraud at the bank.

At the resumed hearing of the case Thursday, Counsel to EFCC Mr. Jacob told the court that apart from current charges against the suspects, other boxes allegedly destroyed by the accused persons have been discovered

The prosecuting counsel said the boxes were yet to be counted as the suspects had poured water and acid on them.

Though the content of the boxes had been destroyed, Mr. Jacob placed the amount that could be in the boxes at N3.9 billion.

According to the EFCC counsel, the boxes had been submitted for forensic test and necessary action would be taken after investigation.

The prosecuting Counsel explained that evidence against the suspects were overwhelming which could prompt them to abscond if given bail offer.

Arguing on their applications, Defence Counsel appealed to court to grant the accused bail to enable them access to materials to prove their facts. The trial Judge, Justice Adeyinka Faaj adjourned the case till next week Friday for ruling.

Meanwhile, the trial Judge, Justice Adeyinka Faaj, has ordered Nigerian Prisons to take one of the suspects to hospital for medical check-up. The suspect coughed intermittently in court during the proceedings prompting the judge to issue the medical examination order.

 

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