News Formal

EFCC arraigns Crime Alert Investment owner, Amos Olaniyan for N35m fraud

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned Amos Olaniyan (a.k.a. Crime Alert) and his company, Detorrid Heritage

Olaniyan was docked before Justice Uche Agomoh of the Federal High Court in Ibadan, Oyo State, on a 35-count charge.

The offence was contrary to section 58 and punishable under section 59 of the Banks and Other Financial Institutions Act, Cap B3 Laws of the Federation Nigeria, 2004. This was after claiming that the money was meant for registration, investment and will yield 30% profit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tackling investment fraud in Nigeria - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »