EFCC Presents First Witness Against Suspect In Alleged $1.4bn Fraud In Lagos
The Lagos Command of the EFCC, on February 7, 2023, presented its first prosecution witness, PW1, Ayotunde Solademi, a Foreign Service National Investigator for the Federal Bureau of Investigation, FBI, Office of the Legal Attache in the US Consulate in Nigeria, against one Kolawole Adedayo Erinle, who is facing trial over an alleged $1.4bn fraud, before Justice R.A. Oshodi of the Special Offences Court sitting in Ikeja, Lagos.
Erinle and his company, Rinde-Remdex Nigeria Limited, are being prosecuted on a three-count charge bordering on conspiracy, retention of proceeds of criminal conduct, and obtaining money under false pretence to the tune of $1,410,000 (One Million Four-Hundred and Ten Thousand United States Dollars).
Erinle is alleged to have defrauded the Kansas City University of Medicine and Biosciences, KCUMB, in the United States of about $1,412,509 USD.
Source: EFCC Nigeria