An Indian man, Chandra Singh, has been arraigned by the Economic and Financial Crimes Commission(EFCC), for an N816.3m fraud case.
Arraigned before Justice I.O Ijelu of the Lagos State High Court in Ikenna, on Thursday, Singh was in the court on a 19-count charge bordering on bribery and alleged retention of stolen property of N861,361,386.75.
One of the counts reads, “That Chandra Prakash Singh,on or before 1st of January, 2021, within the jurisdiction of this Honorable Court, whilst in the employment of African Natural Resources and Mines Limited, solicited indirectly to confer undue advantage for your company, CVN Engineering Limited, in order that you influence your employee to award the supply of items costing N365,757,457.00 to CVN Engineering Limited.”
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Singh was also accused of allegedly retaining $4,150 belonging to African Natural Resources and Mines Limited.
The accused, however, pleaded “Not Guilty” to all the charges made against him.
The prosecuting council requested the court to remand the defendant at the Correctional Centre, while the defence council applied for bail for his client.
The judge, Justice Ijelu adjourned the trial commencement and hearing of the bail application till November 30, 2022.
Till the hearing date, the defendant would remain at the Ikoyi correctional centre.
