Defence ministry cooperative ex-president, others charged with N810.7m scam - News Summed Up

Defence ministry cooperative ex-president, others charged with N810.7m scam


For allegedly defrauding members to the tune of N810.7m, a former President of the Joint Staff Cooperative Thrift and Loan Society, Sunny Antai, has been arraigned before a High Court of the Federal Capital Territory in the Jabi area of Abuja. The accused, a retired official of the Federal Ministry of Defence, was charged with Emenogu Nwachi (who was then the Treasurer of JSCTLS) in a three-count charge filed in the name of the Inspector General of Police. While in office between 2002 and 2012, they were alleged to have fraudulently obtained N810.7m from members of the JSCTLS on the false pretence to acquire land for them. Delivering his ruling, Justice Hassan Babangida granted Antai bail at N100m with one surety in like sum. The case was adjourned till February 28 2022 for the commencement of trial.


Source: Punch November 25, 2021 14:21 UTC



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