Posted by By UCHE USIM on
As investigations into the N150 million fraud allegation against the Managing Director of the Nigerian Aviation Handling Company (NAHCo) Plc, Mr Bates Sarki Sule deepens, operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday morning stormed the residence and office of Sule and recovered some of the tellers used in the fraudulent transactions.
….Recovers bank tellers, arrests 3 others
As investigations into the N150 million fraud allegation against the Managing Director of the Nigerian Aviation Handling Company (NAHCo) Plc, Mr Bates Sarki Sule deepens, operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday morning stormed the residence and office of Sule and recovered some of the tellers used in the fraudulent transactions.
Officials of the anti-graft agency, Daily Sun learnt arrived unannounced and picked up the NAHCo boss. They drove him to his residence where a thorough search was conducted.
When the tellers were found, they brought him back to his office and later took him to their office where he made useful statements as to how the tellers came about.
According to an EFCC source, "one of his staff, Peter was involved in the transactions. We're on top of the situation," he said.
The spokesman of EFCC, Femi Babafemi, revealed that three other NAHCo officials were invited for questioning in connection with the alleged fraud.
The arrest of the three staff sent fear down the spines of NAHCo staff who gathered in small pockets over the development.
The fresh staff invited for probe includes NAHCo's Chief Financial Officer, Mr Tunde Balogun, Mr Peter Ineh, its Head of Internal Audit; Mrs Folashade Ode, the company Secretary and Mr Herbert Odika, Lagos Zonal and Commercial Manager.
Commenting on the development, the Chief Financial Officer said, "The MD came back late last night and he's been in the office today but he has returned with the operatives."
Balogun said the organisation was cooperating with the anti-graft agency in its on-going investigation.
On Wednesday afternoon, Sule was picked up by the anti-graft agency for questioning over alleged N150 million fraud and inflating the construction of the company's warehouse in Port Harcourt from N18 million to N60 million.
He was said to have diverted N150 million shareholders' fund into the acquisition of personal shares. He was however, released later same night.