N56 Million Fraud: EFCC arraigns man for ripping off his village (see photo)

The Economic and Financial Crimes Commission EFCC on Thursday, May 19, 2016, arraigned one Emmanuel Emelife on a 16 count charge bothering on conspiracy, diversion of funds and obtaining money by false pretence to the tune of N56,000,000.00, before Honourable Justice D. A. Onyefunu of Anambra State High Court, Awka.
The case was reported via a petition by Oba Sir Larry Nwagwu who is a member of Uruoji Village Meeting, Nri, Anambra State alongside other concerned villagers alleging that on assumption of office on the 5th of May, 2012, they observed with dismay that the sum of N56,000,000.00 has been plundered by the suspect, the former chairman and his treasurer, Fabian Nwonwu who is now bedridden from Village Meeting accounts domiciled in Nri Micro Finance Bank and Union Bank Awka respectively without due process between January 2009 to December 2011.
According to the petitioner all effort made for the suspects to officially handover and render accounts of their stewardship for over twelve years proved abortive. Investigations carried out on the case revealed that there was huge inflow of funds to both accounts following various dues ranging from N15,000,000 to N30,000,000 levied on every adult allegedly for land parcelation and legal fees respectively.