Tuesday 8 March 2016

Breaking News: EFCC Rearrests Oransaye Over #240million Fraud

Mr Steve Oronsaye, the  former Head of Civil Service (HoS), has been rearrested by the Economic and Financial Crimes Commission (EFCC). According to Vanguard reports, Oronsaye was picked up over allegations of corruption and obtaining money by false pretence. The ex-HoS is presently being prosecuted by the EFCC before a Federal High Court, Abuja, on a 24-count of money laundering and is alleged to have abused his position as chairman of the presidential committee on Financial Action Task Force. Oronsaye allegedly obtained the sum of N240million from the Central Bank of Nigeria (CBN) with the pretext of assisting the committee without the knowledge of other committee members. He was also said to have converted the money for personal use as revealed by sources at the anti-graft agency, which is presently investigating him. A reliable informant within the camp of the EFCC disclosed that the former top bureaucrat, who was only eight months ago, bail over other financial crimes being probed by the agency, was re-arrested at about 4.30 pm on Tuesday, March 8. The source disclosed that he was still being grilled by operatives of the commission, adding that, “what we are doing now is simply dotting the ‘I’ and crossing the ‘t’. Investigation is almost concluded and the suspect will be charged to court any time from now.”
Read more: https://www.naij.com/757233-breaking-efcc-rearrests-ex-head-service-oronsaye-n240-million-fraud.html

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