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SENATOR’S SON ARRESTED FOR N92M FRAUD

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SENATOR’S SON ARRESTED FOR N92M FRAUD

Mohammed Adamu, the son of the ex-Nasarawa State governor and current lawmaker representing Nasarawa-West senatorial district, Senator Abdullahi Adamu, charged with alleged fraud to the tune of N92m.

Eniola Akinkuotu, Abuja

The Economic and Financial Crimes Commission will on Wednesday (today) arraign Mohammed Adamu, the son of the ex-Nasarawa State governor and current lawmaker representing Nasarawa-West senatorial district, Senator Abdullahi Adamu, with alleged fraud to the tune of N92m.

The EFCC said in a statement by its acting spokesman, Mr. Samin Amaddin, that the suspect would be charged alongside one Felix Ojiako before a Federal High Court sitting in Kano on five counts bordering on money laundering.

The suspects first came under investigation following a petition by one Atta Esin, Executive Director of Biolocks Technologies Limited alleging that Adamu and Ojiako conspired to use his company name (Biolocks Technologies Limited) to execute a contract without his knowledge.

Esin also alleged that the contract resulted in the accumulation of withholding tax to the tune of N1.3m.

According to him, the contract was worth N26m but investigation into the alleged fraud revealed that the actual contract sum was N92m.

“The suspects allegedly perpetrated the fraud by forging the board resolution of the company in order to open a new account in the company’s name where the proceeds of the contract were subsequently deposited,” the statement added.

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