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Crime & Punishment of Friday, 20 November 2020

Source: Punch

Company worker defrauds employer of N11m

A company worker, Ibrahim Ali, has been arrested by the Economic and Financial Crimes Commission for allegedly defrauding his employer of over N11m.

It was gathered that Ali paid monthly salaries into different bank accounts operated by him to the tune of N11,187,619.

The EFCC, in a statement signed by its Head of Media and Publicity, Wilson Uwujaren, on Thursday, said Ali tendered his resignation letter and fled with documents belonging to the company when the fraud was discovered.

The anti-graft agency on Thursday arraigned Ali on six counts bordering on money laundering before Justice S.I. Mark of the Federal High Court, Kano.

He pleaded not guilty to the charges.

In view of his plea, the prosecution counsel, Buhari Balarabe, asked the court for a date for the commencement of trial.

The defence counsel, A.S Bawa, urged the court to grant the defendant bail pending trial.

Justice Mark adjourned the case till November 20, 2020, for the hearing of the bail application and ordered that the defendant be remanded in the EFCC custody.

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