Anti-corruption and elections / EFCC

EFCC Arraigns Three For N34m Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Monday, February 4, 2019, arraigned Kasumu Ademola, Salau Mikailu and Ganiyu Isola before Justice C.J. Aneke of the Federal High Court sitting in Ikoyi, Lagos on an eight-count charge bordering on money laundering, conversion and retaining of proceeds to the tune of N34, 000, 000 (Thirty Four Million naira) only. They were arraigned alongside a stock brokerage firm, CSL Stock Brokers, following a complaint received by the Commission from the Nigerian Stock Exchange, NSE. Investigation revealed that the defendants fraudu…