EFCC Arraigns Businessman for N8m Fraud in Kaduna (Photo)
The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office has arraigned the Managing Director of Farm Computers Limited, Umar Ibrahim, before Justice Darius Khobo of State High Court sitting in Kaduna on a one-count charge bordering on criminal breach of trust to the tune of N8 million.
The count reads: “That you, Umar Ibrahim Ahmed, a Director in Farm Computers Limited, a limited liability company sometimes in 2017 in Kaduna within the Kaduna Judicial Division of the High Court, entrusted with the sum of N8,000,000 (Eight Million Naira) only by Jatau Nigeria Limited as part payment for the supply of 1,000 units of School furniture, did dishonestly convert to your own use in violation of the contract, which you made to the said sum and thereby committed an offence contrary to Section 311 of the Penal Code Law and punishable under Section 312 of the same Law.”
It was further alleged that one year after, Umar still did not deliver on the contract, and all efforts to get the money back, proved abortive.
He pleaded “not guilty” to the charge.
Prosecuting counsel, M. Lawal, thereafter, urged the court to fix a date for commencement of trial, and that the defendant should be remanded in prison.
Counsel for the defendant, Y.M. Liman, however, moved the bail application for his client.
In his ruling, Justice Khobo granted bail to the defendant in the sum of N2 million and a surety in like sum, who must be a resident within Kaduna metropolis, and must be a public servant not below Grade Level 13.
The case has been adjourned to April 11, 2019 for “hearing”.