The Economic and Financial Crimes Commission (EFCC) said it has arrested the outgoing chairman of Kuje Area Council of the FCT, Mr. Tete Shaban over N17.5 million fraud.
This is contained in a statement issued on Wednesday in Abuja by Mr. Wilson Uwujaren, the spokesman of the commission.
The statement said Shaban was arrested on Tuesday for offences bordering on obtaining by false pretence and abuse of office.
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It said that a businessman, Mr Najumudeen Gidado, had petitioned the commission sometime in 2014, and claimed that his company, Trade Executive Network Limited, bid for the reconstruction and modernisation of Kuje Main Market.
The statement said the petitioner’s company was awarded the contract and a Memorandum of Understanding was signed.
It said Gidado alleged that Shaban later demanded for the sum of N17.5 million to facilitate the approval of the contract for his company, which he obliged.
“I later paid the money into his accounts domiciled in Zenith and FCMB Banks,” the statement quoted Gidado as saying.
The statement said Gidado had alleged that his company was denied the contract and that the outgoing chairman had refused to refund the petitioner without explanation.
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