EFCC Arraigns Couple For #450 Million Fraud
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AKWA IBOM. A couple has been arraigned by the Economic and Financial Crimes Commission (EFCC) for a Four Hundred and Fifty million (450,000,000) fraud in Uyo, Akwa Ibom state.
The couple, Mr Gabriel Chizoba Ikpenwa and wife, Mrs Lilian Nkechi Ikpenwa were arraigned on Tuesday, 25th August, before Justice Archibong Archibong of Akwa Ibom State High Court, Uyo, for fraud.
Information made available to newsmen by the Economic and Financial Crimes Commission (EFCC), alleged that the couple was arrested for using false pretense to collect the sum of four hundred and fifty million naira (450,000,000) from one Maria Ebong. They told the victim to invest the money with their company known as Easycash Multipurpose that the money will be yielding interest of sixty seven thousand naira (67,000) every month.
The couple, however pleaded not guilty to the one count charge. The prosecuting counsel, N. Ukoha, thereby pleaded with the court for a trial date and for the defendants to be remanded in prison custody.
While the defense counsel, C. I. Udoh prayed the court to grant the second defendant, Mrs Lilian Ikpenwa, bail, a plea that was opposed by the prosecuting counsel.
Passing the bail appeal judgement, the trial judge, Justice Archibong, granted the second defendant, Mrs Lilian Ikpenwa bail in the sum of One million naira (1,000,000) with one surety in like sum.
