EFCC Arraigns Businessman for Under Declaration of Assets


A businessman, Mr Joseph Nweke was yesterday, October 8, 2014 arraigned before Justice Dije Aboki of Kano State High Court by the Economic and Financial Crimes Commission (EFCC), on a 2-count charge that borders on failure to declare all his Assets.

The accused who was investigated by the Commission in a case of Criminal Breach of Trust and Issuance Dud Cheque, allegedly under declared his assets by refusing to disclose his interest in a plot of land valued at N 10,000,000.00( Ten Million Naira) , an Infinity FX 35 2006 model vehicle with registration No. KMC 655 BL and 500 units of shares in Royal Prince Joe Merchandise Limited.

One of the charges reads, “that you Joseph Nweke on or about the 2nd day of December, 2013 at Kano within the jurisdiction of the High Court of Kano State when you were arrested for the offence of Criminal Breached of Trust and Issuance of Dud Cheque knowingly failed to declare a plot of land belonging to you, thereby committed an offence contrary to Section 27(3) (a) and punishable under Section 27(3) of the EFCC Act.

The accused pleaded not guilty to the charges read to him.

The case was adjourned to 14th October, 2014 for ruling on bail application and 27th October, 2014 for commencement of trial, while the accused is to remain in prison custody.

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