Anti-corruption and elections / EFCC

Wonder Bank: Court Remands Two in Prison

The Uyo zonal office of the Economic and Financial Crimes Commission EFCC, on Wednesday March 21, 2018, arraigned Joshua Jude Asemota and Churchill Godwin Amaechi before Justice M. I. Sani of the Federal High Court, Uyo Akwa Ibom State, on a thirty count charge bordering on obtaining by false pretence and operating a financial institution without license. The offence contravenes Section 8 (a) and 1 (1)(a) of the Advanced Fee Fraud and Other Frauds Related Offences Act of 2006, and punishable under Section 1 ( 3 ) of the same Act and section 56 of the Banks and Other Financial Institutions Act