The Economic and Financial Crimes Commission (EFCC) has arraigned Abuja-based businessman, Adewale Aladejana, over alleged N12million fr@ud.
Adewale, who is the Managing Director of Sapphire Scents Limited, was arraigned on Tuesday, October 4, before Justice M. A Madugu of the Federal High Court sitting in Bwari, Abuja on three-count charges bordering on misappropriation and obtaining under false pretence.
EFCC in a statement on Friday said: “Specifically, he allegedly collected the sum of N12 million from potential investors in his company, with a promise of turnover in six months, without offering any profit or returning the invested funds to his investors.”
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