EFCC Arraigns Ex-cmd, Four Others Over N84.8m Scam

The Economic and Financial Crimes Commission has arraigned a former Chief Medical Director of the Federal Medical Centre, Owo, Ondo State, Dr. Olufemi Omotosho, and four other suspects before the Federal High Court, in Akure on Tuesday for alleged involvement in an N84.8m fraud.

Other suspects are Adebayo Sunday Dada, Yusuf Saka Olarenwaju, Ogunleye Samson Adeyemi and Azeez Dayo Kola .

Omotosho, alongside the other suspects, was arraigned on an eight-count bordering on conspiracy and money laundering.

The suspects allegedly colluded to convert and launder the sum of N84,884,005.00 illegally obtained from the Federal Government when Omotosho was the head of the hospital.

The first accused person (Omotosho) was also alleged to have connived with other four suspects, to steal various sums of money belonging to the FMC, by using his position as the CMD of the institution.

This, the EFCC argued, was done through inflation of contracts, accounts manipulation and non- remittance of the institution’s account balance as mandated by the Central Bank of Nigeria at December 31 of each year.

However, the accused persons pleaded not guilty to all the charges.

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