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Nairametrics

EFFC Quiz CBN Contractor Over N60 Million Dud Cheques

Editor by Editor
July 13, 2015
in Uncategorized
How to detect and avoid “money doublers and wonder banks”
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  • The Economic and Financial Crimes Commission (EFCC) has arrested a female contractor of the Central Bank of Nigeria (CBN) for allegedly issuing N60million dud cheques to a business partner in Abuja.
  • The suspect, Folake Joy Yobah, who is the chief executive officer of Sky High Ventures Limited, Abuja, is being quizzed by the Economic and financial crimes commission FCC based on account of a petition written by lawyers on behalf of the United Surgical Limited for breach of agreement and fraud.
  • The suspect who was arrested last Friday is accused of issuing the said dud United Bank for Africa cheques to Chief Emmanuel Uzomah, the chairman of United Surgical Limited as payment for the N60million loan she received for the purchase and supply of surveillance equipment in the execution of a N222, 836, 551 07 contract awarded to her by the Central Bank of Nigeria.
  • An investigation has revealed that already, officials of the EFCC have swung into action by arresting the suspect for questioning while further investigation into the allegations continue before Folake’s eventual arraignment in court.
  • Source: Allafrica.com

 

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