The Economic and Financial Crimes Commission has handed over N108 million recovered from an alleged fraud involving two former employees to Karren Walters Attorneys in Lagos.
The anti-graft agency disclosed this in a statement on Friday, saying the funds, presented in bank drafts, formed part of money recovered during an investigation into an alleged case of abuse of office, forgery, stealing and diversion involving two former employees of the company.
According to the EFCC, investigations revealed that the suspects, Nkechi Gladys Megai, who is currently at large after allegedly fleeing to the United Kingdom, and Godson Eze, a former Chief Financial Officer of the company, abused their positions by forging documents, creating fake invoices in the names of the company’s legitimate vendors and diverting funds through fraudulent transactions carried out over a period of time.
The commission added that the fraudulent payments ran into several hundreds of millions of naira.
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