Company representative in EFCC net for alleged N993.2million fraud
A company representative, Kofoworola Motunrayo Kolawole, is in the custody of the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) for alleged N993.2 million fraud. Kolawole, 37,
- From Adekunle Jimoh, Ilorin
A company representative, Kofoworola Motunrayo Kolawole, is in the custody of the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) for alleged N993.2 million fraud.
Kolawole, 37, who initially failed to honour several invitations by the Commission, later turned herself in and is in custody following a court-ordered remand.
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Her arrest was sequel to a petition submitted to the Commission by Predictus Remit Limited, a subsidiary of Fairmoney Microfinance Bank, the Head Media and Publicity of the anti-graft agency Dele Oyewale, said.
Said Oyewale: “The petitioner alleged that Kolawole, alongside the company directors - Duru Ogadima, Talukder Muhammed Khalidur Rahman (both at large) and their firm, DKK Partners Limited, fraudulently obtained the said sum under the pretext of facilitating a foreign exchange transaction.
The funds were allegedly received last November 25, with the understanding that the dollar equivalent of $675,219.44 would be remitted.
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“Preliminary investigations by the EFCC revealed that the suspect allegedly received the funds through a Providus Bank account and, instead of executing the agreed transaction, converted the money into digital currency and diverted it for personal use.
“Further findings indicated that DKK Partners Limited is not licensed by the Central Bank of Nigeria to engage in such financial transactions, contrary to representations made to the petitioner.
“The suspect will be arraigned in court upon the conclusion of ongoing investigations.”
