A woman, Ikechi Mercy Igwe, has allegedly slammed N139m on sport betting.
The amount is part of the N179m she allegedly fraudulently collected from some Port Harcourt residents, in alliance with two ‘financial’ institutions, Elites Finance Investment Limited and Efinc Global Investment Limited.
They were all, on Monday July 20, arraigned before Justice E.A. Obile of the Federal High Court sitting in Port Harcourt.
According to the EFCC, Igwe also gave a Port Harcourt church N1m as tithe.
“That you Nkechi Mercy Ikogwe, Elites Finance Investment Limited and Efinc Global Investment Limited sometime in 2019 in Port Harcourt, Rivers State within the jurisdiction of this honorable court with intent to defraud, obtained the sum of N179,326,386.62 by inducing unsuspecting members of the public to invest with your companies: Elites Finance Investment Limited and Efinc Global Investment Limited, assuring them under a false pretence of making 15% interest on all investment made, a representation you knew to be false, and thereby committed an offence contrary to Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14, 2006 and punishable under Section 1 (3) of the same Act,” one of the charges read.
Justice Obile ordered that the 1st defendant, Ikogwe, be remanded in prosecution’s custody and adjourned the matter till October 19, 2020 for determination of the bail application.
