Tuesday, 14 May 2013

EFCC Arraigns Businesswoman for N13m Contract Scam



The Economic and Financial Crimes Commission on Monday May 13, 2013 arraigned a businesswoman, Nneoma Amaechi before Justice K.O Nwosu of the Abia State High Court, Umuahia on a 4-count charge of fraudulent conversion and stealing.
 The accused person who is managing director of Dazzle Ventures allegedly defrauded one Engr. Owen Nwokolo in a N13m contract to construct 6-Room office block for the Abia State Ministry of Rural and Urban Development
 Mrs. Amaechi was allegedly awarded the contract by the office of the Executive Governor of Abia State but sold the said contract to Nwokolo for a fee of four million naira.  Thereafter,  he gave Nwokolo the power of attorney ‘to do all acts, collect all money paid by the Government of Abia State or to be paid in respect of the said construction”.
 However, having taken the building to the roofing level, Nwokolo requested for payment of N9,000,000.00 (nine million naira) from the ministry in order to complete the contract only to discover that Mrs. Amaechi had collected the money. Amaechi allegedly collected four cheques totalling N8, 057, 400.00 (eight million, fifty seven thousand, and four hundred naira) and did not give a dime to Mr. Nwokolo.
When the charge was read to the accused, she pleaded not guilty.
One of the charges read,  “that you Nneoma Amaechi, being the managing director of Dazzle ventures, on 11th November 20110 at Umuahia, in Umuahia judicial division of the High court of Abia state, stole the sum of  N3,057,400.00 (three million, fifty seven thousand, four hundred naira, being money belonging to Owen Nnaemeka Nwokolo, the Managing Director and Chief Executive of OwenPeters Scientific Instruments Limited by fraudulently converting the said money to your own use”.
 The case has been adjourned to Monday May 20, 2013 for hearing on the bail application

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