EFCC arraigns popular church elder and wife for alleged N500m fraud

EFCC charges popular church elder and wife for alleged N500m fraud

The Economic and Financial Crimes Commission (EFCC) has indicted a former senior banker of Polaris Bank, Mrs. Ugochi Dike and her husband, architect Emmanuel Dike, who can be a popular elder of the Seventh-day Adventist Church.

The couple was arraigned earlier than a Federal High Court in Port Harcourt.

Ugochi Dike is accused of defrauding an organization, Clip Nigeria Ltd, value 500 million on the pretext of investing within the execution of contracts with NNPC, SPDC and different IOCs with clear phrases of return on funding to Clip Nigeria Ltd.

The firm claimed that after a interval of no response, it realized that it had been defrauded. They then requested Mrs. Ugochi Dike to refund the principal cash.

Unable to repay the cash, Mrs. Dike claimed her husband, Arch. Emmanuel Dike invested the cash in his cryptocurrency buying and selling enterprise.

The couple going through a 5-count indictment with case quantity FHC/PH/458C/23 FRN vs UGOCHI EZIAKU DIKE & ORS was delivered to court docket within the custody of the EFCC on a 5-count indictment which incorporates: “Conspiracy 1: Conspiracy , acquiring cash by false pretenses opposite to part 8(a) of the Advance Gratuitous Fraud Act and different fraud-related offenses 2006 punishable below part 1(3).

Ajoku granted bail to the accused within the quantity of N1 million every to the couple, noting that the bailiff have to be a public servant as much as grade 12 in Rivers State and should current a letter of employment and certificates of occupation.

The court docket said that the guarantor should reside within the jurisdiction of the court docket, current passport images and warn the lawyer to make sure that his shoppers seem in court docket on the subsequent session.

The court docket, nevertheless, adjourned the trial till January 30, 2024 and remanded the defendants on the Port Harcourt Correctional Center pending achievement of bail situations.

Source: www.lindaikejisblog.com

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