Man Back In Court Over N66m After 12 Years Of Adjournments

A man Augunos Okoro has being re-arraigned at a Lagos High Court in Ikeja by the Economic and Financial Crimes Commission (EFCC) over N66 million ($330,000) and N8.7 million (DM75,000) scam.

Scam suspect, Augunos Okoro

The 38- count charge borders on conspiracy, obtaining money by false pretense and forgery.

Okoro owner of Yolk Hotel in Ire-Akari Estate in Isolo, Lagos state was implicated in scam involving one late Morris Ibekwe.

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The duo were alleged to have defrauded a German Klaus Munch in 1992 by pretending to officials of the Central Bank of Nigeria, Federal Ministry of Finance, Transport and Aviation.

They lured the victim into believing that there was a contract on the supply of hard and software for a phony Abuja international airport.

Resuming trial at the court, the prosecuting counsel Adeniyi Adebisi said witnesses were ready to testify against Okoro but the judge Oluwatoyin Ipaye adjourned hearing to November 24 and 26.

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The trial which commenced in 2003 but several adjournments stalled the case before it wwas reassigned to another judge.

Recently, nine Nigerians were arrested by United States authorities for defrauding elderly victims of million of dollars in an online romance scam.

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