Friday, June 5, 2015

N8bn scam: Suspects tricked CBN to deliver N1.6bn, says EFCC

The Economic and Financial Crimes Commission on Thursday arraigned the last batch of the accused persons in the hearing of the Central Bank of Nigeria’s N8bn mutilated currency fraud suit at the Federal High Court in Ibadan.

The EFCC told Justice Adeyinka Faaj that the accused persons, conspired with other two suspects, Onabanjo Olumayowa and Tijani Olusoga, who are now at large, between 2011 and 2012 in Ibadan and tricked the CBN to pay N1.6bn to the Zenith Bank Plc, instead of N159,431,700.
The five accused persons who were in court on Thursday are Kolawole Babalola, Olaniran Adeola, Kayode Philip, Ajuwon Bolade and Samuel Ogbeide.
Read More  http://www.punchng.com/news/n8bn-scam-suspects-tricked-cbn-to-deliver-n1-6bn-says-efcc/

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