The Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned two businessmen, Dr Fagite Oladipo and Raymond Akintayo, before the Federal High Court in Lagos over allegations of conspiracy, fraud, and unlawful conversion of N1.55 billion (One Billion, Five Hundred and Fifty Million Naira).
The funds were reportedly obtained from Ocean Lord Limited under the pretense of holding a legitimate foreign exchange transaction licence.
Alongside the two individuals, the…
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