The Lagos Zonal office of the Economic and Financial Crimes Commission, EFCC, has arraigned a certain Chukwuemeka Ekwunife and his company, Structured Energy Limited, before Justice Serifat Solebo sitting at the State High Court, Ikeja, Lagos.
Ekwunife, was arraigned on Monday, February 19, 2017 on an eight-count charge bordering on stealing and fraudulent conversion to the tune of N300,000,000 (Three Hundred Million Naira).
The suspect’s arrest cam,e about following a petition received from a complainant, Nepal Oil and Gas Limited.
Ekwunife pleaded not guilty to the charge preferred against him.
Justice Solebo adjourned the case to February 26, 2018, for hearing of the bail application and commencement of trial.
Defendant was however remanded in Kirikiri Prison pending the determination of the bail application.
