EFCC arraigns 2 brothers for allegedly stealing N1.5bn from Prince Arthur Eze (photo)

EFCC arraigns 2 brothers for allegedly stealing N1.5bn from Prince Arthur Eze (photo)

- A prominent Nigerian businessman, Prince Arthur Eze, has been allegedly robbed by two of his employees

- The two employees described as brothers were accused of stealing N1.5bn and hundreds of thousands of dollars from the businessman

- The accused have been arraigned at the FCT high court in Abuja and their trial will commence on Tuesday, January 26, 2021

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The Economic and Financial Crimes Commission (EFCC) has arraigned two brothers, Eze Okwuchukwu Olisaebuka and Eze Nnadozie Onyeka and their individual companies for allegedly stealing N1.5bn from their employers, Prince Arthur Eze.

A statement from the EFCC indicates that Olisaebuka who owns Berlus Resources Ltd and his brother, Onyeka, owner of DYM Integrated Service Limited, were arraigned at the Federal Capital Territory High Court in Abuja on two separate charges bordering on fraud.

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Legit.ng gathers that Olisaebuka and his company were on Wednesday, December 23, docked on a 14-count charge while Onyeka his company were arraigned on a 17-count charge bordering on theft.

Alleged fraud: EFCC arraigns 2 brothers for allegedly stealing N1.5bn from Prince Arthur Eze
EFCC arraigns 2 brothers for allegedly stealing N1.5bn from Prince Arthur Eze. Photo credit: @officialEFCC
Source: Twitter

Olisaebuka's alleged offence

Olisaebuka reportedly worked for Prince Eze, a popular Nigerian business mogul, as an administrative officer.

He allegedly stole the sum of N804,360,216.81 (N804.3 million) and $3,309,359.08 ($3.3 million) from the billionaire businessman.

Olisaebuka, however, pleaded “not guilty” while his lawyer asked that the court grant him bail on liberal terms.

The court subsequently granted him bail in the sum of N10 million coupled with other conditions.

The case was adjourned till Tuesday, January 26, 2021 for the commencement of trial.

Onyeka's alleged offence

Like his brother, Onyeka reportedly worked as a finance manager for Prince Eze. He was accused of stealing N769,161,690 (N769.1m), $845,700 and £80,200 from the businessman.

Onyeka also pleaded not guilty and was granted bail in the sum of N20 million alongside other stringent conditions.

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His trial will also commence on Tuesday, January 26, 2021

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In another report, the trial of a self-styled herbalist, Alfa Jamiu Isiaka, who allegedly impersonated the presidential spokesman, Femi Adesina and a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Late Maikanti Baru, resumed on Tuesday, December 15.

The EFCC had arraigned Isiaka for defrauding a South Korean national, Keun Sig Kim to the tune of N30million.

A statement from the EFCC sighted by Legit.ng reveals that at the resumed trial, the anti-graft commission recalled its star witness, Dare Folarin who further indicted Isiaka.

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Source: Legit.ng

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