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EFCC Arraigns Alleged Fraudster for N8.8m Fraud


The Economic and Financial Crimes Commission, EFCC,  today, March 1, 2017 arraigned one Mordi Chukwuwike before Justice P .I. Njoku  of the Federal High Court sitting in Benin, Edo  State.

Chukwuwike was arraigned on a 15 count charge  bordering on money laundering.

He was alleged to have  sometime in September, 2013, conspired with Nnamdi Nwanze and Abiola Tunde ( both at large) to directly take possession of over Eight Million, Eight Hundred and Fifty Seven Thousand ,Four Hundred and Forty Three Naira Four kobo (8,857,443,04) only  from one Cheah Cheow Ping, a Malaysian.

One of the counts reads: that you Mordi Chukwuwike,  on 18th day of October, 2013 in Benin City within the jurisdiction of this honourable court directly took possession of the sum of One Million Four Hundred and Fifty- Eight Thousand, Two Hundred and Sixty Nine Naira( 1,458,269) only from one Cheah Cheow Ping, a Malaysian,  money which to your knowledge, was proceeds of unlawful act, and thereby committed an offence contrary to section 15(1)(2)(d) of the Money Laundering (prohibition) (amendment) Act, 2012 and punishable under section 15(3) of the 2012 Act”.

The accused pleaded not guilty to the charge when it was read to him.

In view of his plea ,the prosecution council,  S.M.H Ibekwute asked the court fix a date for trial. However,  the defence counsel, S.I.Agoha told the court that she had filed an  application for bail.

Justice P.I.Njoku after listening to both counsel adjourned the case to March 6, 2018 for hearing of the bail application and March 16, for the commencement of trial.
                           

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