Fashola loses N3.1m to fraudsters


Minister of Works and Housing, Babatunde Fashola is a victim of fraudsters as he was defrauded of N3,106,216, the report has emerged.

It came to light after one of two perpetrators   of the scam; one Malik Wakili was arraigned by the Economic and Financial Crimes Commission, EFCC, on Monday with his conspirator, Abdullahi Umar, at large.

The fraud, was allegedly perpetrated in March this year.

The court heard from EFCC that the pair posed as Fashola to appropriate the sum of N3,106,216, value of the Air-miles Skywards Account Number EK248739282 of the former Lagos governor with the Emirate Airlines.

The action, the anti-graft prosecutor said was contrary to sections 15(2)(a) and 27(1)(b) of the Money Laundering (Prohibition) Act and was liable to be punished under sections 15(3) and 22(3)(a) of the same Act.

However, the defendant denied the charge while Justice C.J. Aneke adjourned the case to December 17 to rule on the bail application.


Sign up for our daily newsletter

Get the latest news delivered straight to your inbox every day. Stay informed with the Orijo Reporter's leading coverage of Nigerian and world news.


Please enter your comment!
Please enter your name here