Witness narrates how Ex-HoS, allies diverted public funds to private companies in court
Four arraigned over N900m PoS fraud
Modupe Shodeinde
The Economic and Financial Crimes Commission (EFCC) on Monday arraigned four defendants for fraud involving over N900 million Point of Sale (POS) transactions.
The commission has arraigned Naankang Dawan, his companies: Taen Nigeria Ltd, Lataen Engineering Ltd alongside Moruf Tunji Olukanmi before Justice D. V Agishi of the Federal High Court, Jos, Plateau State on a 31-count charge bordering on conspiracy, money laundering and obtaining N908, 108, 974.52 by false pretence.
EFCC spokesperson, Wilson Uwujaren said Dawan (first defendant), who allegedly inherited some companies including a petrol station from his family, connived with some staff of First Bank, including Moruf Tunji Olukanmi (fourth defendant), to defraud costumers using a Point of Sale (PoS) terminal allocated to him.
The defendants pleaded not guilty to all charges.
Based on their pleas, prosecution counsel Benjamin Manji asked for a trial date and that the suspects be remanded at the Correctional Centre pending trial.
But defence counsel, A.G. Yirvoms informed the Court of a pending application for the bail of his clients.
Justice Agishi adjourned the case till July 26, 2021 for consideration of bail application and October 6, 2021 for trial.
