Over N242Million Fraud: UBA, Staff, Others Face Amended Charges At Lagos Federal High Court

The Inspector General of Police (IGP) has filed second amended charges before a Lagos Federal High Court against United Bank for Africa (UBA), two of its staff and a limited liability company, Castle Equipment & Logistics Limited and it’s Managing Director alleged to have swindled a Lagos businessman, Chief Vincent Ezenwa, of the sum of N242, 015,000.00 equivalent of $950,000.

The four count charge filed by the Police prosecuting counsel, Legal /prosecution section, Force Headquarters Louis Edet House, Abuja, alleged that Emeka Njoku, former marketer with the United Bank for Africa, Onyinyechi Oraegbunem, former branch manager of UBA Aba branch, and Pamela Onaga former staff of UBA/account officer, now at large, and United Bank for Africa, acted in concert and with intent to defraud Chief Nnamdi Vincent Ezenwa, Managing Director of Vinna Investment Limited.

The charge also alleged that the accused aided and abeted Chibueze Ojeh Managing Director of Castle Equipment & Logistics Limited.of Lekki County homes and Castle & Logistic Limited to commit offence of obtaining money by false pretense when they induced Ezenwa to transfer the sum of N242, 015,000 from his UBA account to the UBA account of Castle Equipment & Logistics in Lagos which was withdraw by Chibueze Ojeh.

The offences alleged to have been committed by UBA and other four other defendants are contrary to and punishable under sections,1(1),1(3), 8(a) of the advance fee fraud and other related offences Act 2006.

The charge has been adjourned till after Easter vacation for trial.

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