Friday, 31 May 2013

EFCC arraigns University don for N7.5mn fraud

Stephen Abah is a lecturer at the Ambrose Ali
University in Edo State.
The Economic and Financial Crimes Commission,
EFCC, on Tuesday arraigned a lecturer with the
Ambrose Ali University, Ekpoma, Edo State,
Stephen Abah, before of a Federal Capital Territory
High Court presided over by Olasumbo Goodluck,
on a two count charge bordering on criminal
breach of trust, conspiracy and obtaining money by
false pretence.
The accused is alleged to have, between August
2008 and March 2009, obtained $48, 500 (N7.5
million) from one Udeh Godwin under the guise of
setting up a joint company; but diverted the funds
to personal use.
The offence is contrary to section 311 of the Penal
Code and punishable under section 312 of the
same code.
The accused pleaded not guilty to the charge when
it was read to him.
The defence counsel, Abel Ozioko, told the court
that he had filed an application for bail and that
the accused had been on administrative bail based
on self recognition and that he presented himself
in court.
The prosecution counsel, Sukuji Bandawa, on the
other hand opposed the bail application on the
grounds that he had just been served.
Mr. Goodluck adjourned ruling on bail application
to June 4 and fixed July 11 and 16 for
commencement of trial.

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