Banker and two others arrested and charged with fraud # 14m (photo)
Members of the Economic and Financial Crimes Commission accused one banker and two others of fraud amounting to over 14 million nations.
Banker Ugwumba Evangeline and two other fraud suspects were reported on Monday 24 February 2021 by the EFCC’s area office in Port Harcourt before Judge E. N. Anyadike at a Federal High Court hearing in Umuahia, Abiya State.
They were accused of four counts bordering on collusion and of receiving money under a false pretext in the amount of N14,100,000 (a total of fourteen million one hundred thousand nairas). The other two defendants are Onyekachi Christian Nwagbo and Civendu Okeke. They pleaded not guilty to the charges when they were announced. Count one of the claims:
“What are you, Ugumba Evangeline, Onyekachi Christian Nwagbo, Chivendu Okeke and Okparauwakwe Emmanuel Chigozi (now in general), approximately November 8, 2016 in Umuahia, Abia State, under the jurisdiction of this noble court, conspired between you to commit a witty crime; Receiving money under false pretenses in violation of Section 8 (a) Prepayment Fraud and Other Fraud Offenses, 2006 and is punishable under Section 1 (3) of that Act. “
In response to their requests, prosecutor EK Ebipade asked the court to set a date for the commencement of the trial. However, the lawyer of the first defendant M. O Ez and the attorney of the second and third defendant B.K. The Ogu filed oral petitions to release their clients on bail. Judge Anyadike gave the defendants a bail of 2,000,000 Nats (two million Naira in total) each and two sureties for the same amount. The sureties must reside in the megacities of Umuahiya and Aba, respectively.
In addition, guarantors and defendants must submit two recent passport photographs to the court. The surety must present proof of payment of taxes and swear an oath of funds. The judge updated the case until April 5, 2021 and ordered the defendants to be detained at the Umuahia Detention Center pending the completion of bail conditions. The troubles began for the three defendants when the plaintiff, Daniel Igwe Onumah, stated that he had deposited a total of NIS 14,100,000 into the Yo-yo Oku Trading Ventures’ trading account operated by the defendants for foreign exchange transactions. In particular, the applicant demanded the dollar equivalent of the money deposited with Yo-yo Oku Trading Ventures transferred to its foreign partners, and the defendants assured him that the money would be transferred as agreed.
Oogwumba, a former employee of a new generation bank, allegedly introduced the petitioner to the group. The investigation showed that the money was not transferred to foreign partners by agreement and was not returned to the applicant.