Fraud: EFCC arraigns 3 for alleged conversion of N96.7m

Three persons, Kasumu Shakiru Ademola, Salau Omoniyi Mukaila and Ganiu Oluyede Ishola were on Monday arraigned before a Federal High Court, Lagos, by the Economic and Financial Crimes Commission (EFCC), for alleged fraudulently conversion of the total sum of N96, 739, 666.86 million. The three defendants were arraigned on eight counts charge bordering on conspiracy, unlawful conversion and fraud alongside a stock broking firm, CSL Stockbrokers. EFCC in a charge marked FHC/L/397c/18, alleged that the three defendants and the stockbroking firm had on or about June 25, 2015, conspired among…

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