EFCC rearraigns businessman for Allegedly defrauding GTBank of N125m
The Economic and Financial Crimes Commission, EFCC, has re-arraigned, a business man, Andrew Warri, for allegedly defrauding GTBank the sum of N125m.
Mr Warri was arraigned before Justice Olubusola Okunnuga of the Special Offences Court, sitting in Ikeja, Lagos.
He was arraigned on a five-count charge bordering on stealing, obtaining by false pretence, and issuance of dud cheques.
Warri was arraigned alongside two companies: A.M. Projects Consultancy Limited and Ranez Medical Consultancy Limited.
He however pleaded “not guilty” to the charges.
Following his not guilty plea, the prosecuting counsel, Abubakar Usman, asked the court to remand the defendant to a Correctional Facility.
While praying the Court for a trial date, the prosecutor said he’s ready to prove its case against the defendants.
This is coming just as the defendant Counsel, a Senior Advocate of Nigeria, A. M. Makinde, however, asked the court to allow his client to continue enjoying the earlier bail granted him by the previous trial judge, as he has not violated the earlier condition.
In a counter-response, the prosecutor argued that the matter is starting afresh as such should re-apply for bail, saying that the defendant is a flight risk.
Ruling on the bail application, Justice Olubusola Okunuga agreed that the defendant should continue to enjoy the earlier bail granted to him had not to violate the conditions.
Earlier before his re-arraignment, the prosecutor had informed the court that the Commission had an amended charge against the defendant following the ruling of “No Case Submission” which discharge the defendant of counts one and two.
Justice Sherifa Solebo of the same court delivered the ruling before she retired from the bench, and the case was subsequently transferred to Justice Okunnuga for trial.
From the ruling, Warri was discharged and acquitted of counts one and two of the charge, as the court ordered the defendant to come out and defend himself on counts three to six.
Count one of the charges 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.”
Count 2 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 favor of Guaranty Trust Bank, which upon presentation for payment was dishonored on the grounds that no sufficient funds were standing to your credit.”