An employee of an investment company in Lagos State, Bello Samuel, has been arraigned for allegedly diverting about N90m from the firm’s account for personal use.
Samuel was arraigned by the Police Special Fraud Unit before the Federal High Court sitting in Lagos on charges bordering on conspiracy and money laundering.
In a statement on Tuesday, the spokesperson for the PSFU, Mr Ovie Ewhubare, said the suspect, who worked in the finance department of the company, allegedly carried out the fraud through an insider scheme.
According to Ewhubare, the suspect was accused of fraudulently converting company funds for personal use.
“Following a formal complaint by the affected company, operatives of the unit immediately commenced investigation into the matter,” the statement read.
Ewhubare disclosed that upon realising the fraud had been uncovered, Samuel allegedly absconded from Lagos with members of his family to an unknown destination, cutting off all means of communication in an attempt to evade arrest.
The statement added that investigations were extended to several states in the South-West before the suspect was eventually apprehended in Oye-Ekiti Local Government Area of Ekiti State.
