Court Orders 3 Banks To Freeze Suspected Fraudster’s Accounts

Spread the love

Court
A Federal High Court, Lagos, today, ordered the management of the three commercial banks, where a suspected fraudster, Ajineh Pius Erovwose, warehoused alleged proceed of fraud, pending conclusion of investigation and possible prosecution of the Economic and Financial Crimes Commission (EFCC) against the suspect.

The  suspected fraudster’s accounts are said to be domiciled in First City Monument Bank (FCMB), United Bank of Africa (UBA) and Union Bank PLC.

Justice Sule Hassan, who presided over the court, made the order sequel to application filed and argued before the court by the EFCC lawyer, Mr. George Chia-Yakua.

The EFCC in an affidavit in support of the application deposed to by Paul Okoli, an investigator with agency stated that his employer, the EFCC, through an intelligence, got wind of allegedly unlawful activities of the suspected fraudster, Erovwose, to have defrauded under false pretence to the tune of $500,000 USD, through the said bank accounts from an American Citizen.

POST RECOMMEND FOR YOU   Customs Arraigned Company, MD for Importing Prohibited Funitures

The deponent stated that upon investigation of the said intelligence, his agency wrote to the banks to place Post No Debit (PND), on the said accounts, but the respondent got an order from a magistrate court, which set aside the PND, and also withdrew the $500,000.00, leaving a balance of $14,000 USD.

The deponent further stated that the suspected fraudster is now at large, and that the addresses used to  open the said accounts,  were discovered to be fictitious and that it is difficult to it is difficult to get him arrested unless the account are freeze.

POST RECOMMEND FOR YOU   Again: Court Strikes Out EFCC's Suit Seeking To Freeze Multi-billions Dollar Linked To Patience Jonathan

The investigator stated that the order of the court is needed to stop the named bank from further releasing the money, as such action will jeopardize the expedient investigation and possible prosecution of the alleged fraudster.

After listened to the submission of the EFCC lawyer, Justice Hassan said: “I have listened carefully to the submission of the applicant’s counsel, and go through the summon with the affidavit of urgency, affidavit in support, written addresses and the exhibit attached.

“This application is succeed and the prayer sought is granted”.

Also Read

Fraud: Court Adjourns Ladoja, Kalu, Others’ ... A Lagos Federal High Court, today, adjourned definitely further hearing in the criminal case initiated by the Economic and Financial Crimes Commis...
$6.7m Fraud: EFCC Charges Globacom, 1 Other To Cou... The Economic and Financial Crimes Commission (EFCC), today, charged telecommunication giant, Globacom Limited, and its Executive Direction of Market...
N5.1bn Fraud: EFCC closes case against ex- Jonatha... Pic: Dudafa and his co-accused, Joseph Una, a.k.a. Taiwo Ebenezer and Olugbenga Isaiah. As the prosecution closed its case against the ...
Police Arraigns Businesswoman, 5 Others For Defrau... Men of Force Criminal Intelligence and Investigation Department (FCIID) Force Headquarters, Abuja, have arraigned a businesswoman, Chinweze Agada, and...
Senate Insist On Nominating New EFCC Boss The Senate on Thursday asked President Muhammadu Buhari to nominate a replacement for the acting Chairman of the Economic and Financial Crimes Commiss...

Leave a Reply

Your email address will not be published. Required fields are marked *

Inline
Inline