The Economic and Financial Crimes Commission (EFCC), on Tuesday, August 2, arrested a level six officer of the Accounts Department of the Federal Airports Authority of Nigeria, FAAN, Christy Olabode, for an alleged fraud to the tune of N100 million.
Also arrested was her younger brother, Abdul-Shehu Obaze, a staff at the Commercial Department of FAAN in Ilorin, Kwara State, and Dominic Ojo, an IT officer at FAAN Headquarters, Lagos.
Her arrest followed an anonymous petition, which indicated that she allegedly diverted the said sum, by inserting names of non-FAAN staff into its payroll.
She allegedly conspired with Obaze, to perpetrate the fraud. Obaze was found to have maintained not less than eight accounts in seven new generation banks, which were used to receive the funds for onward distribution to “several high ranking officers within the FAAN”. The funds were being paid into his various bank accounts with the narrative, “Furniture Allowance”.
However, while allowance for FAAN's furniture is usually paid once in three years, Obaze received the “allowance” several times within a year. Investigations carried out by the EFCC revealed that the fraud had gone on since 2013. It unearthed a payroll with names of many dead, retired and disengaged staff of FAAN listed against Obaze's different bank accounts.
Upon interrogation, Obaze, a level nine officer, confessed that other FAAN officials were involved in the massive fraud, including Olabode's husband who works in the Human Resources department of FAAN. Olabode and Ojo currently enjoy administrative bail, while Obaze remains in EFCC custody. They would be charged to court as soon as investigations are concluded.
$type=ticker$count=12$cols=5$cate=0
$type=grid$count=4$sn=0$rm=0$m=0$show=home
LIKE US
/fa-fire/ TRENDING THIS WEEK$type=one
-
"In other online programs, I could maybe check in once or twice a week and still get a decent grade," says Finley, who took seve...
-
Plans as regards the health of the Nigerian citizens has been disclosed by the Health Minister, Isaac Adewole, on Thursday while speaking...
-
The All Progressives Congress has called for the probe of the Delta State Governor, Dr. Ifeanyi Okowa, over allegations that he diverted ...
-
In his efforts to rid the state of corrupt government officials, the state governor has fired one and arrested two others involved in a majo...
-
Many Nigerians are complaining about theconstant fall in the value of the naira and they blame the government. But is the government really...
-
rThe Economic and Financial Crimes Commission, EFCC, yesterday, arrested Mr. Donald Chidi Amamgbo, a cousin of the former Minister of Petrol...
-
Kokomaster himself, D'banj, has come to say he made it possible for Nigerian acts to featured in international magazines. D'banj...
-
The Rivers State Chapter of the All Progressives Congress, APC, on Monday expelled its Minority Leader in the state House of Assembly, Mr...
-
WARRI—AN indigenous construction firm, A & J Construction Company Limited, has denied an allegation by Itsekiri Leaders of Thought, ILO...
-
Our #BelieveinNigeria #BuymakeinNigeria ambassador is secretly hiding his dual citizenship from the public and using it for his American tri...
COMMENTS