EFCC Arraigns Man for N6m Fund Transfer Scam

The Economic and Financial Crimes Commission , EFCC, today (March 4, 2014) arraigned
one Grant Samuel before Justice Raliatu Adebiyi of the Lagos High Court sitting
in Igbosere on one count charge bordering on stealing

Specifically, Samuel is accused of fraudulent wire transfer and obtaining the
sum of N6,000,000.00( Six Million Naira ) under false pretence.
He allegedly defrauded one
Babatunde .A. Banjo of the amount when he falsely represented to him that one
of his friends wanted to sell the dollar equivalent of N6m ($80,400), knowing
that  Banjo deals in used cars and would gladly embrace the offer.
The fund was transferred electronically only to be intercepted by some
international syndicate of wire fraudsters.
The charge reads:  “Grant
Samuel, sometime in April 2012 in Lagos,
within the Lagos Judicial Division, dishonestly converted the sum of
N6,000,000.00 (Six Million Naira) property belonging to one Babatunde A. Banjo”.
 When the charge was read, the defendant
pleaded not guilty.
Based on the plea of the defendant,  prosecution counsel,  O. Oddiri
prayed the court to fix a date for trial and to remand the defendant in prison
custody. However, defence counsel, V.I.P Owana, prayed the court to allow him
make an oral application for bail
 Justice Adebiyi refused the oral application
of the defence counsel and adjourned the case to March, 12, 2014 for hearing of
the bail application. She ordered that the defendant be remanded in Ikoyi
prison, Lagos.

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Media & Publicity
4th March, 2014