FRAUD: EFCC Arraigns Gabriel Inwunoba and Tag Bureau De Change Over N7.6m Scam

FRAUD: EFCC Arraigns Gabriel Inwunoba and Tag Bureau De Change Over N7.6m Scam


The Economic and Financial Crimes Commission, EFCC, on Wednesday, January 16, 2013 arraigned one Gabriel Inwunoba and Tag Bureau De Change Limited before Justice  Adeniyi Onigbanjo of the Lagos State High Court Ikeja on a two count charge bordering on intent to defraud and conspiracy to steal the sum of N7, 600, 000 .00 (Seven Million, Six Hundred Thousand Naira) belonging to  Nairs Supermarket Limited.

One of the charge reads: “Gabriel Inwnoba and Tag Bureau De Change Limited on or about the 1st day of August, 2011 at Lagos within the Ikeja Judicial Division with intent to defraud conspired to steal the sum of  N7, 600,000.00 (Seven Million, Six Hundred Thousand Naira) property of Nairs Supermarket Limited.

The accused pleaded not guilty to the charge. EFCC counsel, D. M Nabal asked the court for a trial date and that the accused persons be remanded in prison custody.

Counsel to the 1st and 2nd accused persons, N .O Balogun presented an application for bail and prayed the court to grant bail to the 1st accused person on grounds of ill health.
 

Justice Onigbanjo granted bail to the accused person in the sum of N500, 000.00(Five Hundred Thousand Naira only) and two sureties in like sum. The sureties must be grade level 14 and above officers in the Lagos State Civil Service. They must swear to an affidavit of means and must have landed properties with proof of ownership within the Lagos environment.  They must also show evidences of verified tax clearance and all these must be ascertained by an EFCC official.

The judge adjourned the matter till March 26 and April 4 and ordered that the accused person be remanded in prison custody should he fails to meet the bail conditions.

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The Economic and Financial Crimes Commission, EFCC, on Wednesday, January 16, 2013 arraigned one Gabriel Inwunoba and Tag Bureau De Change Limited before Justice  Adeniyi Onigbanjo of the Lagos State High Court Ikeja on a two count charge bordering on intent to defraud and conspiracy to steal the sum of N7, 600, 000 .00 (Seven Million, Six Hundred Thousand Naira) belonging to  Nairs Supermarket Limited.

One of the charge reads: “Gabriel Inwnoba and Tag Bureau De Change Limited on or about the 1st day of August, 2011 at Lagos within the Ikeja Judicial Division with intent to defraud conspired to steal the sum of  N7, 600,000.00 (Seven Million, Six Hundred Thousand Naira) property of Nairs Supermarket Limited.

The accused pleaded not guilty to the charge. EFCC counsel, D. M Nabal asked the court for a trial date and that the accused persons be remanded in prison custody.

Counsel to the 1st and 2nd accused persons, N .O Balogun presented an application for bail and prayed the court to grant bail to the 1st accused person on grounds of ill health.
 

Justice Onigbanjo granted bail to the accused person in the sum of N500, 000.00(Five Hundred Thousand Naira only) and two sureties in like sum. The sureties must be grade level 14 and above officers in the Lagos State Civil Service. They must swear to an affidavit of means and must have landed properties with proof of ownership within the Lagos environment.  They must also show evidences of verified tax clearance and all these must be ascertained by an EFCC official.

The judge adjourned the matter till March 26 and April 4 and ordered that the accused person be remanded in prison custody should he fails to meet the bail conditions.

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