Court remands Canadian returnee over alleged N360m fraud
For allegedly engaging in N360 million fraud, a Federal High Court, Lagos has ordered a Canada-based Nigerian, Joseph Ifeanyichukwu, to be remanded in the custody of Police Special Fraud Unit (PSFU), Ikoyi, Lagos.
Justice Daniel Osiagor, ordered his remand after he pleaded not guilty to the charge of alleged conspiracy, obtaining by false pretence and fraud of the N360 million, preferred against him by the men of PSFU.
Prior before his arraignment, the prosecutor, Mr. Emmanuel Jackson, a Chief Superintendent of Police (CSP), informed the court that the defendant has been on the run since 2016, when he committed the alleged offence.
Jackson told the court that the defendant, who had turned down all police invitations, was apprehended at the Murtala Muhammed International Airport, Ikeja, Lagos, by the police when he returned to the country to attend a friend’s marriage ceremony.
In a charge marked FHC/L/484c/22, the prosecutor told the court that the defendant, alongside his companies, Paradox-Akachi Company Ltd and Paradox Group Inc.