Advertisment

Businessman Andrew Warri arraigned for allegedly defrauding GTBank N125m

Advertisment

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday arraigned Andrew Warri before Justice Sherifah Solebo of the Special Offences Court sitting in Ikeja, Lagos.

He was arraigned on a seven-count charge bordering on stealing, obtaining by false pretence and issuance of dud cheques.

Advertisment

Warri was arraigned alongside two companies: A.M. Projects Consultancy Limited and Ranez Medical Consultancy Limited.

RecommendedReads

One of the counts reads: “Andrew Warri, A.M. Projects Consultancy Limited, sometime in May 2012 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, fraudulently obtained the sum of N125,000,000 from Guaranty Trust Bank Plc under the guise that the proceeds of the Rural Health Care and Referral contract with Niger Delta Development Commission (NDDC) will be domiciled in your account with Guaranty Trust Bank, the said pretense you knew, or ought to have known is false.”

Advertisment

Another count reads: “Andrew Warri, Ranez Medical Consultancy Limited, on or about 28th October 2018 in Lagos, within the jurisdiction of this Honourable Court, issued a Zenith Bank cheque for the sum of N10,000,000 payable to A.M. Projects Consultancy Limited, in favour of Guaranty Trust Bank, which upon presentation for payment was dishonoured on the grounds that no sufficient funds were standing to your credit.”

He pleaded “not guilty” to the charges.

Advertisment

Thereafter, prosecuting counsel, Franklin Ofoma, prayed the Court for a date for commencement of trial, as the prosecution was ready to prove its case against the defendants.

Nelson Imoh, counsel for Warri, informed the Court that the bail application for his client was before the Court.

Advertisment

Ofoma, however, vehemently opposed the application for bail in his oral argument.

He argued that the defendant was a flight risk, as he had resisted when operatives of the EFCC went to his office to effect his arrest.

Advertisment

“His arrest was aborted and the EFCC had to watch list the defendant with the DSS, Immigrations, Customs and other local and international law enforcement agencies, just to ensure his attendance,” he said.

According to Ofoma, the defendant was about to take off to the United States, but in the process, he was informed that he could not travel as he was on a watch list.

Advertisment

Thereafter, Justice Solebo ordered that the defendant be remanded at the Correctional facility pending release on bail and adjourned the case till July 1, 2021.

Advertisment
Advertisment

Related Contents

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Add New Playlist

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.