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EFCC arraigns former JAMB employee for N10m fraud


The Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC) has arraigned a former employee of the Joint Admissions and Matriculation Board (JAMB), Olayiwola Oguntade, for allegedly defrauding the Polytechnic Ibadan Microfinance Bank of N10m.

Oguntade, who worked at the Finance and Accounts Department of JAMB’s head office in Abuja, was brought before Justice Bayo Taiwo of the Oyo State High Court 9, Ibadan, yesterday on a three-count charge of obtaining money by false pretense, forgery and alteration.

The accused pleaded not guilty to all charges, as his arraignment followed the discoveries from investigation of a petition by the PolyIbadan Microfinance Bank Limited against a businessman, Kola Al-Amin.


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