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EFCC prosecutes 5 family members for alleged N242.4 million fraud

Credible News by Credible News
February 2, 2024
in Crime, News
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Five family members—Chisom, Daniel, Anthony, Precious, and Ifeanyi Obiakor were arraigned by the Economic and Financial Crimes Commission (EFCC) yesterday in an Ikeja High Court for allegedly stealing N242.391 million from Just Kings and Real Kings Nigeria Ltd.

EFCC prosecutor, Anita Imo, in a seven-count charge before the court, alleged that Chisom Obiakor, while working for Just Kings and Real Kings Nigeria Ltd, stole goods worth N242.4 million and later dissipated the proceeds to her father, Daniel Obikaor; brother, Anthony Obiakor; sister, Precious Nwokemodo and brother-in-law, Ifeanyi Nwokemodo.

While Chisom’s father allegedly received N10 million from the stolen money, her sister, Precious and brother, Anthony got N24.5 million and N10 million respectively while her brother-in-law, Nwokemodo Ifeanyi got N400,000.
They were alleged to have committed the crime of stealing and fraudulent obtaining of property between January 1, 2021 and September 14, 2022.

The offence, according to the EFCC, is contrary to section 328(1) and punishable under section 328(1) of the criminal law of Lagos State, 2015.

Read  Also:

Why you should establish state police to fight insecurity – PDP governors tell Federal Government

Part of the charge read: “that you, Obiakor Chisom, Nwokemodo Precious, Ifeanyi Nwokemodo, Obiakor Daniel and Obiakor Anthony between January 1, 2021 and September 14, 2022, in the jurisdiction of this court conspired amongst yourselves to commit felony to wit: stealing of the sum of N242, 391, 585.04 property of Just Kings and Real Kings Nigeria Limited.”

When the charge was read to the defendants, they pleaded not guilty to the charge. The judge adjourned the matter till April 15 for trial.

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Tags: EFCCFamilyfraudIkeja High Court
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