fbpx Money Laundering: EFCC Arraigns Njoku Over Alleged N129m Scam - | Newsbreak Nigeria
  • About Us
  • Advertise
  • Contact Us
Friday, February 3, 2023
  • Login
  • Register
  • Home
  • News
    • Breaking News
    • International
    • Education
    • Crime/Judiciary
    • Politics
  • Business
    • News
    • Economy
    • Brands and Marketing
  • Lifestyle
    • Sex
    • Events And Places
    • Fashion and Beauty
    • Health
  • Opinion
  • Love & Life
  • Sport
    • Football
    • Boxing
    • Tennis
  • Entertainment
  • Yarn CentralHot
No Result
View All Result
Newsbreak.ng
  • Home
  • News
    • Breaking News
    • International
    • Education
    • Crime/Judiciary
    • Politics
  • Business
    • News
    • Economy
    • Brands and Marketing
  • Lifestyle
    • Sex
    • Events And Places
    • Fashion and Beauty
    • Health
  • Opinion
  • Love & Life
  • Sport
    • Football
    • Boxing
    • Tennis
  • Entertainment
  • Yarn CentralHot
No Result
View All Result
Newsbreak.ng
No Result
View All Result

Money Laundering: EFCC Arraigns Njoku Over Alleged N129m Scam

Gabriel Ntoka by Gabriel Ntoka
1 year ago
in Crime/Judiciary, News
Reading Time: 1 min read
17 0
A A
0
Money Laundering: EFCC Arraigns Njoku Over Alleged N129m Scam
12
SHARES
Share on FacebookShare on TwitterShare on WhatsappShare on Reddit
ADVERTISEMENT

The Benin Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Friday arraigned one  Eze Njoku before Justice Okon Abang of the Federal High Court sitting in Warri, Delta State.

Njoku was arraigned on a six-count charge bordering on retention of proceeds of crime. He is alleged to have received the sum of N129 million as suspected proceeds of crime from Smart Alban, Managing Director and Chief Executive Officer of Smart Alban Global Investment Limited and SA-FX Global Limited, a self-styled trader in forex.

The charge against him read: “That you Eze Njoku (M) on or about the 21st day of August,  2020 at Delta State within the jurisdiction of this Honourable Court directly took possession or control of the sum of N10,000,000 (ten million naira) transferred into your bank account number 6718072011 domiciled in First City Monument Bank, from the  bank account of SA-FX Global which funds you knew or reasonably ought to have known forms part of unlawful act of Smart Alban Ike to wit: obtaining by false pretence and thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering (prohibition ) Act 2011 (as Amended in 2012) and punishable under section 15(3)of the same Act.”

YOU MAY ALSO LIKE

U.S Government Declares Nigerian Man Wanted For $30M COVID-19 Scam

How Nigerian Lady Lost N1m To Scammers Via Phone Call

Njoku pleaded not guilty when the charge was read to him.

In view of his plea, the prosecution counsel, Francis Jirbo, prayed the court to fix a date for trial and to remand the defendant in prison custody.

Justice Okon Abang fixed January 21, 2022, for hearing and ordered that the defendant be remanded at the Correctional Centre.

Tags: Eze NjokuN129m ScamScam
Share5Tweet3SendShare
  • All Comments

    • All Comments
    • Positive
    • Negative
    • Neutral

Discussion about this post

Previous Post

Business Tycoon Sentenced To Life Imprisonment For Killing Best Friend

Next Post

KPMG, PwC Disagree With Finance Minister On Tax Tribunal Rules

Next Post
Finance Minister

KPMG, PwC Disagree With Finance Minister On Tax Tribunal Rules

Popular News

  • Obi Cubana: My Late Mother Has Been Appearing In My Dream Asking For Reburial – Nollywood Actor

    Obi Cubana: My Late Mother Has Been Appearing In My Dream Asking For Reburial – Nollywood Actor

    6017 shares
    Share 2407 Tweet 1504
  • My Daughter Won’t Marry A Poor Man, Says Bill Gates

    5604 shares
    Share 2242 Tweet 1401
  • PICTURES: 12 Most Common Cars In Nigeria

    240 shares
    Share 96 Tweet 60
  • VIDEO: Woman Paraded Naked For Allegedly Killing Husband In Anambra

    3138 shares
    Share 1255 Tweet 785
  • +18 SEXTAPE: Watch Viral Video Of Popular Slay Queen Making Out With Dog In Dubai

    3063 shares
    Share 1225 Tweet 766
ADVERTISEMENT

About Newsbreak.ng

Newsbreak.ng is a publication of Platinum Crest Communications Limited. We are a broad-spectrum source of credible, useful and timely news, features and opinions, especially as they affect Nigerians at home and in the diaspora.

Recent News

  • Naira Scarcity: ICPC Arrests Bank Officials Over Sabotage
  • Apprentice Kills Master, Dumps Corpse Inside Well
  • Naira Scarcity: Man Slumps, Dies In Banking Hall

Receive News updates via Email

Enter your email address to subscribe to receive notifications of new posts by email.

Join 39 other subscribers.
  • About
  • advertise
  • Privacy & Policy

© 2013-2022 Newsbreak, a publication of Platinum Crest Communications Ltd

No Result
View All Result
  • Home
  • News
    • Breaking News
    • International
    • Education
    • Crime/Judiciary
    • Politics
  • Business
    • News
    • Economy
    • Brands and Marketing
  • Lifestyle
    • Sex
    • Events And Places
    • Fashion and Beauty
    • Health
  • Opinion
  • Love & Life
  • Sport
    • Football
    • Boxing
    • Tennis
  • Entertainment
  • Yarn Central

© 2013-2022 Newsbreak, a publication of Platinum Crest Communications Ltd

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.