EFCC Arrests Jos Businessman For Making Attempt To Spend N57.5m Wrongly Credited To His Bank Account

A businessman,  Mr. Ibrahim Abubakar,  has been arrested and taken into custody by the Economic and Financial Crimes Commission , EFCC, for spending  N57,550,000.00 that was  wrongly credited to his bank account by a company .

Team@orientactualmags.com learned that the anti-graft agency disclosed this in a statement issued on Friday while adding  that the N57.5m in question was wrongly transferred to Abubakar’s company account, Shariff Agric and General Service, by one Baker Drilling Service.

‘Operatives of the Gombe Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested one Ibrahim Abubakar, Managing Director of Shariff Agric and General Service , Jos, Plateau state, for stealing N57,550,000.00( Fifty Seven Million, Five Hundred and Fifty Thousand Naira only).

He was arrested on Friday, October 6, 2023, for allegedly converting to personal use , the N57.5 million erroneously credited to the bank account of his company, Shariff Agric and General Services .

Baker Drilling Service allegedly transferred the sum of N57,550,000.00 to the bank account of Shariff Agric and General Service instead of Bluemoe Trade & Service.

Both accounts are domiciled in the United Bank for Africa, respectively.

After the bank alerted Abubakar that the money was wrongly credited to his company’s account, he allegedly transferred the sum of Five Million (N5,000,000.00) each to his account in UBA and Keystone banks, respectively—subsequent attempts made to withdraw the remaining amount led to his arrest.

Charges will be preferred against him as soon as investigations are concluded’ the statement said-Team@orientactualmags.com
Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08059100286, 09094171980. Thank you