The Economic and Financial Crimes Commission (EFCC) has arraigned Ibrahim Shuaibu, for swindling N100 million from a victim by falsely claiming to be a director of the Nigerian National Petroleum Company Limited (NNPCL).
According to a statement from the commission on Monday, Ibrahim Shuaibu was arraigned on seven counts of fraud before the Kaduna State High Court.
The seven counts centred on criminal breach of trust, impersonation and obtaining as much as N100 million from victims by false pretence.
According to the EFCC, in 2017, Mr Shuaibu presented himself to his victim as NNPCL’s Group Executive Director and promised to assist him procure over 2,000 litres of petroleum products.
The victim, Faisal Safiyanu, was said to have transferred the agreed cost to Mr Shuaibu’s bank accounts in tranches.
The commission said Mr Shuaibu failed to fulfil his own part of the bargain after receiving payment and failed to refund the victim’s money.
Judge Darius Khobo remanded the defendant in prison after he pleaded “not guilty” to all seven charges when they were read to him.
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