The Economic and Financial Crimes Commission (EFCC) on Saturday burst a major corporate fraud when it took into custody a popular businessman, Alhaji Mohammed Gobir, for allegedly defrauding foremost outdoor advertising company, Afromedia, of huge sums of money in various currencies.
The purported mega fraud fetched Gobir $3.5 million, N514,457,151.87, $2,102,740 and £51,000 at various times. Gobir, a 55-year-old father of two was picked up by the operatives of EFCC in the early hours of Saturday at his Ikoyi residence and was still being interrogated at the Lagos office of the anti-graft agency at press time yesterday.
The suspect allegedly defrauded the advertising company through a phony investment deal. The suspect was allegedly introduced to Afromedia sometime in 2008 by their private placement consultant – Synergy Capital Advisory Limited – as a high network investor who was willing to inject N1 billion into the company for the acquisition of shares. Read more