EFCC arraigns man for forgery over N50m bank loan

Amoo was arraigned on a four-count charge bordering on conspiracy, forgery and obtaining by false pretence to the tune of N50 million.

EFCC Operatives
(punch)

The Economic and Financial Crimes Commission (EFCC) has arraigned Wahab Amoo and his company, Wahab Amoo and Sons Nigeria Limited, before Justice Adedayo Akintoye of the Lagos State High Court.

Mr Wilson Uwujaren, the commission`s Head of Media and Publicity, made this known in a statement on Tuesday in Abuja.

Uwujaren said in the statement that Amoo was arraigned on a four-count charge bordering on conspiracy, forgery and obtaining by false pretence to the tune of N50 million.

Uwujaren said the accused allegedly conspired with his company, the 2accused person, to defraud Fidelity Bank Plc of the sum of N50 million by using forged documents to secure a loan facility.

This, he said, he did through a property which was under caveat at the Land Registry, Lagos, thereby preventing the bank from perfecting the legal mortgage.

The EFCC spokesman said the accused, however, pleaded not guilty to the charges preferred against him.

“In view of his plea, Prosecution Counsel Fadeke Giwa, asked the court for a trial date and also requested that the defendant be remanded in prison custody.

“Defence Counsel Eric Uteh told the court that he served the prosecution the bail application for his client, but Giwa said she was served in court and would need time to reply,’’ Uwujaren said.

He added that the accused had been remanded in prison custody, pending hearing of the bail application, while the matter was subsequently adjourned to Oct. 19 for hearing.