- Safiu Kehinde
The Economic and Financial Crimes Commission (EFCC) has arriagned one Abdullahi Wada over alleged N75.1 million fraud.
Wada was arraigned on Thursday before Justice Olubunmi Abike-Fadipe of the Special Offences Court in Ikeja by the EFCC’s Lagos Zonal Directorate 1.
As disclosed in a statement issued on the anti-graft agency’s official X handle, the defendant is being prosecuted on a two-count charge bordering on conspiracy to obtain money by false pretence and obtaining money under false pretence.
This, according to the EFCC, contradicted Sections 1(2) and 8(a), and punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006.
The outcome of the court hearing is however yet to be disclosed as at the time of filing this report.