EFCC Arrests Two Undergraduates For N10m Fraud

The Economic and Financial Crimes Commission, EFCC, yesterday, February
23rd, 2017, arraigned the duo of Aneke Collins Nnamdi and Sifon Samuel
Israel both student of Federal Polytechnics, Oko, Anambra before Justice
Theophine U. Oguji of the State High Court sitting in Awka, Anambra
State, on a four count charge bordering on Conspiracy and Stealing.

First City Momument Bank had petitioned the Commission that they
received report from one of their customers, Girls Secondary School,
Awka, over an unauthorized web transfer of over N10 million on their
account with the bank.

Count one of the charge reads:

“that you Aneke Collins Nnamdi and Sifon Samuel Israel sometimes in the
month of October 2016 at Awka in Anambra state within the Jurisdiction
of this honourable court did conspire among yourselves to commit felony
to wit: Stealing of money property of Girls Secondary School Akwa and
thereby committed and offence of Conspiracy contrary to Section 353 of
the Criminal Code CAP 36 Vol II Revised Laws of Anambra State of Nigeria

The defendants pleaded not guilty to the charge when it was read to them.
In view of their plea, the prosecution counsel, M. T. Iko asked the
court to fix a date for the commencement of trial and urged the court to
remand the defendants in prison custody.
However, the defense counsel, J. N. Okongwu asked for a short date to file his bail application.
The case was adjourned to 22 March and 4, 9 May, 2017 for trial. The
defendants are to be remanded in prison custody pending the
determination of their bail.