Court remands whistle-blower over N700m pension fraud false alarm

FG Releases Primary/Secondary School Calendar for the 2019/2020 Academic Session - Click Here for Details

An Ikeja High Court, Lagos has remanded a whistle-blower, Lord Umoh Archibong Edem, in prison custody over a false alarm over an alleged N700 million pension and tax evasion fraud.

Edem was arraigned by the Economic and Financial Crimes Commission (EFCC) on a one-count charge bordering on making false statement to a public officer.

The prosecution Counsel of the EFCC, S. O. Daji told the court that the defendant committed the alleged offence on August 7 in Lagos.

Read Also  PMB arrives Katsina, to hold talks with Togolese President (Photo)

Daji said that the defendant provided false information to a public officer and the EFCC about the involvement of a company, Starsonic/Sacvin Group of Nigeria, where he is an employee, in a pension and tax evasion fraud.

“The defendant, claimed that the management staff of the company was involved in a massive pension fraud, tax evasion and other fraudulent activities in the tune of N700 million,” he said.

The prosecutor added that the offence of making false statement to a public officer contravened Sections 96 (a) of the criminal law of Lagos State, 2011.

Read Also  N4.9billion Fraud: How Fani-Kayode Paid Me N30m - Witness

However, according to the charge sheet: “Edem had on August 7, with an intent to cause arrest and prosecution of the management staff of Starsonic/Sacvin Group Nigeria Limited gave information he knew to be false to the EFCC and Mrs Patience Kalu, a public officer, that the company is involved in a massive pension fraud, tax evasion and other fraudulent activities running over N700m.”

Meanwhile, the defendant pleaded not guilty when the charge was read to him.

Read Also  Saraki heeds court’s warning, pays Omo-Agege’s entitlements




Click Here to Join Newsnow Nigeria WhatsApp Group for Breaking News Alerts More News


Do You Know Nigeria? Attempt 10 simple questions on Nigeria for FREE and Win FREE N500 Airtime - Click Here to Participate!

For your news articles, press release, Breaking News, send e-mail to [email protected]

Get the latest BREAKING NEWS inside your e-mail address inbox; fill the form below and click the subscribe button