The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned one Ene Queen Bamaiyi before Justice A.A. Halilu of the Federal Capital Territory High Court, Apo, Abuja, on allegations of criminal breach of trust and diversion of funds amounting to ₦240.5 million.
According to the anti-graft agency, Bamaiyi was entrusted with the sum of ₦240,500,000 by a client for the purpose of converting it to foreign currency. However, she allegedly diverted ₦124 million from the total amount for her personal use, in contravention of the agreement.She was docked on multiple counts bordering on misappropriation and dishonesty.
The prosecution told the court that her actions violated the provisions of the Penal Code Act and the EFCC Act.When the charges were read to her, Bamaiyi pleaded not guilty.The EFCC counsel subsequently requested a trial date and urged the court to remand the defendant in prison custody pending the determination of her bail application.Justice Halilu ordered that she be remanded in a correctional facility and adjourned the case for hearing of her bail motion and commencement of trial.The EFCC reiterated its commitment to prosecuting all financial crimes and urged members of the public to remain vigilant against fraudulent forex dealings.