What A Man Can Do...Woman arraigned by EFCC over dud cheque
A female managing director and chief executive officer of a company has been docked by the EFCC for issuing dud cheques.
The Managing Director and Chief
Executive Officer of Rafuyal Nigeria Limited, Faith Victor, has been
dragged before Justice S. B Belgore of the Federal Capital Territory
High Court sitting in Apo, Abuja, by the Economic and Financial Crimes Commission (EFCC), on account of issuing a dud cheque.
The
financial crimes busters reports that Victor allegedly issued a cheque
to the tune of N4.1m to one Ndanusa Shafii Abdullahi which upon
presentation was dishonoured due to lack of funds.
The count as presented by the EFCC reads:
"That
you, Mrs. Faith Victor being the Managing Director and Chief Executive
Officer of Rafuyal Nigeria Limited on or about 20th of December, 2013,
at Abuja within the Abuja Judicial Division issued a Guaranty Trust Bank
Plc Cheque No. 00000240 dated 20th December, 2013 for the sum of
N4,100,000.00 (four million, one hundred thousand naira) payable to
Ndanusa Shafii Abdullahi which, when presented for payment within three
months, was dishonoured on the ground that no sufficient funds were
standing to the credit of the account on which the cheque was drawn and
thereby committed an offence contrary to Section 1 (1) (a) of the
Dishonoured Cheques (Offences) Act, Cap.D11 Laws of the Federation of
Nigeria, 2004."
The accused who pleaded not
guilty to the charge when it was read to her, was granted bail by
Justice Belgore after listening to the argument of the counsel, in the
sum of N5m and two sureties in like sum.
The case has been adjourned to March 31, 2015, for hearing.
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