Thursday 20 August 2015

EFCC Arrests Suspected Serial Fraudster for N3.29bn Fraud

 
 

The Economic and Financial Crimes Commission, EFCC, on Wednesday, August 19, 2015 arrested a suspected serial fraudster, Dr. Kunle Adeshola, who issued a forged draft to the tune of N3.29billion, in a phony land deal.
 The suspect, who presented himself as Director, Corporate and Management Service, Amazon Inc., had allegedly entered a contract with Atkan Services Nigeria Limited for the purchase of 50 units of flats in different locations within the FCT, Abuja and subsequently presented a Deutsche Bank,  "bank draft" no 081758 in the sum of $19.930, 900.00 purportedly drawn by Deutsche Bank in favour of Infinity Trust Savings and Loans Limited.
 But the draft was returned unpaid after Stanbic IBTC Plc, discovered it was forged and reported the fraud to the Central Bank of Nigeria.

 The apex bank consequently reported the matter to the EFCC.
 It will be recalled that the suspect had earlier been arrested and prosecuted by EFCC for claiming to be an Assistant Commissioner of Police seconded by the Commission to the Nigerian Tourism Development Corporation, NTDC,  to cleanse the rot in the agency.
 Adeshola, who had claimed to be Head of the EFCC Chairman's Monitoring Unit  was charged to court on a seven-count bordering on forgery, impersonation, and obtaining by false pretence before Justice Usaini Baba Yusuf of the FCT High Court, Abuja.    
 Justice Yusuf, however, struck out the charges on the grounds that they were not related to financial crimes, a ruling that has since been challenged at the appellate court by the EFCC.
 
EFCC spokesperson, Wilson Uwujaren, said the suspect will be charged to court as soon as investigation is concluded..
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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