Oladimeji RamonThe Economic and Financial Crimes Commission has charged telecommunications company, Globacom Limited, before the Lagos State Special Offences Court in Ikeja for an alleged fraud of $6,786,674.61. The firm was charged alongside its Indian Chief Marketing Officer, Ashok Israni, who was listed as the first defendant in the case. Ozioko, who signed the charge sheet, claimed that the firm and Israni acted contrary to Section 1(2)(3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. The prosecutor, Ozioko, said the EFCC was making efforts to produce Israni, who had been granted an administrative bail by the anti-graft agency. In the circumstance, Justice Williams adjourned the case till May 15, 2018 for the arraignment of the defendants.

Source: Punch April 16, 2018 10:52 UTC