EFCC Docks Man Over N4.7m Fraud

EFCC Docks Man Over N4.7m Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Friday, February 7, 2020, arraigned one Louis Ekekwe Chidi alongside his company, Ludwigs Food Impact Global Ventures Limited, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos on a two-count charge bordering on stealing and obtaining money by false pretence.

One of the counts reads: “That you, Louis Ekekwe Chidi and Ludwigs Food Impact Global Ventures Limited, sometime in August 2018, in Lagos within the Ikeja Judicial Division, with intent to defraud, conspired to obtain by false pretence, and with intent to defraud, introduced Mrs. Inkiru Perpetual Ezekwechi to confer a benefit of N4,715,000 (Four Million, Seven Hundred and Fifteen Thousand Naira) on you for a ponzi food networking business on the understanding that the money will be paid, for which pretence you knew was false; thereby committed an offence contrary to Section 1 (2) and 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006.”

The defendant pleaded “not guilty” to the charge.

In view of the plea, the prosecuting counsel, S. O. Daji, asked for a trial date and also prayed the court to remand the defendant in the Nigerian Correctional Services.

The defence counsel, Theophilus Idehen, told the court about a pending bail application on behalf of his client, which he said had been served the prosecution.

In his response, Daji opposed the bail application, arguing that he only received it “yesterday”, and “I will need more time to study the  bail application.”

Justice Dada, thereafter adjourned the case to February 19, 2020, for hearing of the bail application and commencement of trial.

The defendant was remanded in the Nigerian Correctional Facilities, NCF.