EFCC Charges Stockbroker, Others For Alleged N1bn Theft

The Economic  and Financial Crimes Commission (EFCC) has dragged a Lagos-based stockbroker, Mrs  Elizabeth Ebi, and two others to a Lagos High Court in Ikeja for allegedly stealing a  property of the defunct Oceanic International Bank plc worth N1billion.
Also charged alongside Ebi on a two- count charge are her company, Future view Service Limited and  the executive director of the company,  Diamond Uju.
In the charge information signed by ABC Ozioko, on behalf of the executive chairman of the commission, Ibrahim  Lamorde, the defendants were charged with conspiracy to steal and intent to defraud, steal and fraudulently convert the sum of N1billion property of Oceanic Bank entrusted to them for the purchase of First Bank of Nigeria Plc ‘s shares.
The alleged offences, according to the EFCC, contravened Sections  516 and 390(9) of the Criminal code Cap C17 Vol.2 laws of Lagos State of Nigeria, 2003.
According to the information filed before Justice Lateef Lawal-Akapo, the alleged offences were  committed sometime in July and August  2007 in Lagos within the Ikeja judicial division of the court.
The charge reads thus, that Mrs Elizabeth Ebi, Diamond Paul Okiemute Uju and Future View Services Limited sometime in July, 2007 at Lagos within the Ikeja Judicial Division with intent to defraud, conspired to commit felony to wit: stealing money property of Oceanic International Bank Plc.
That you,  Mrs Elizabeth Ebi, Diamond Paul Okiemute Uju and Future View Services Limited sometime in August 2007 at  Lagos within the Ikeja Judicial Division with intent to defraud, stole and fraudulently converted the sum of N1billion property  of Oceanic International Bank Plc entrusted to you for the purchase of First Bank of Nigeria Plc shares.

Further proceeding on the matter has been fixed for December 16, 2013 following the absence of the defendants at the last adjourned date.

- Leadership

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