Macmillan Nigeria Publisher Charged With $156,700 Fraud

Hamilton Nwosa
Writer
Macmillan Nigeria Publisher Charged With $156,700 Fraud

Ad

Okonjo-Iweala Says Economy Now Stable, Next task is Growth

• Urges Tinubu to provide safety nets for Nigerians amid economic reforms By Obinna Uballa  Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called on President Bola Tinubu to prioritise social safety nets to help Nigerians cope with the hardships arising from his administration’s economic reforms. Speaking to State House correspondents on…

WTO To Appoint Okonjo-Iweala As Director-General Next Week

ADC’s David Mark Warns: Saturday’s By-Elections test of INEC’s Credibility

• Says ADC, a child of necessity By Obinna Uballa National Chairman of the African Democratic Congress (ADC) and two-times Senate President, Senator David Mark, has described the party as “a child of necessity” created from a genuine desire to provide Nigerians with better governance. Speaking in Abuja at a meeting with ADC candidates ahead…

Otti: Why FG’s Approved $125m IsDB loan is Crucial to Abia State

By Obinna Uballa Governor Alex Otti of Abia State has welcomed the approval of a $125 million financing facility from the Islamic Development Bank (IsDB) for the state's Integrated Infrastructure Development Project, describing it as critical and a “landmark milestone” that will drive road reconstruction, tackle erosion, and boost economic growth in the state. Recall…

Ad

The Economic and Financial Crimes Commission (EFCC) has charged Macmillan Nigeria Publisher, Adesanya Adelekan, and one Bola Fasasi with $156,700 book fraud.

The News Agency of Nigeria (NAN) reports that EFCC arraigned Mr Fasasi on Monday in Lagos and said that Mr Adelekan was at large.

The defendants are facing an amended six-count charge bordering on obtaining money under false pretences, before an Ikeja Special Offences Court.

The commission stated in the charge sheet: “Macmillan Nigeria Publisher, Prof. Adesanya Iyiola Adelekan (now at large) and Fasasi Bola, sometime in 2018, obtained books worth $156,711.87 for sale by false pretences from BHS Book Printing SDN BHD of Selangor, Malaysia.”

It said that the defendants, under false pretences, promised to sell the books and remit the proceeds within two weeks of receiving the bill of lading.

“Macmillan Nigeria Publisher, Prof. Adesanya Iyiola Adelekan (now at large) and Fasasi Bola, sometime in 2018 within the jurisdiction of this honourable court, conspired among yourselves to obtain goods by false pretences, property of BHS Book Printing SDN BHD of Selangor, Malaysia,” it added.

Mr Fasasi, however, pleaded not guilty.

Justice Mojisola Dada remanded Mr Fasasi in Ikoyi Correctional Centre and adjourned the case until July 8 for the hearing of his bail application.

(NAN)

Ad

X whatsapp