Nigerian businesswoman Munachim Onyia has been reported wanted by the Interpol section of the Nigerian police force, following her involvement in what Peoples Gazette learned was an investment fraud of up to N5.3 billion.
Before going on the loose, Ms. Onyia ran MECO Enterprises, a sole proprietorship that she registered in September 2018, according to company registration documents. He also headed IBC Africa, an investment firm, and the namesake Muna Investment, a Ponzi scheme through which he allegedly defrauded unsuspecting investors.
An arrest warrant issued for Ms. Onyia by the Lagos Division of the Federal High Court and seen by The Gazette stated that she is wanted for obtaining money under a false pretext and pretending to be a staff of the Central Bank of Nigeria
The Lagos State Police Headquarters also arrested Silas Babatunde, a marketing executive who was at the bank at the time of the fraud. The police are investigating whether Mr. Babatunde acted alone or with the knowledge and approval of his bank superiors,
Source: – Gazzetta Ngr