EFCC jails Businessman for N6m Fraud in Kaduna.
The Economic and Financial Crimes Commission (EFCC) on Monday, December 2, 2019 arraigned one Sadiq Mustapha, a 33-year-old businessman before Justice Mallong Peter of the Federal High Court, Kaduna.
He was arraigned by the Kaduna Zonal Office of the Commission on a two-count charge of obtaining money by false pretence to the tune of N6,100,000.00 (Six Million, One Hundred Thousand Naira) and operating a bureau de change without authorisation by Central Bank of Nigeria. .
Trouble started for the defendant following a petition by one Abdulsalam Danlami Abubakar to the Kaduna Zonal Office of the Commission, dated February 26, 2019, where the petitioner alleged that the defendant sometime in 2016 lured him into transferring the sum of N6,100,000.00 (Six Million, One Hundred Thousand Naira) in three separate transactions from his Zenith Bank account to his company.
Abueleven Limited with account number 4010185189, domiciled in Fidelity Bank for exchange with a dollar equivalent at the rate of N305 per dollar, amounting to $20,000.00.
