Economic and Financial Crimes Commission has charged telecommunications company, Globacom Limited, before the Lagos State Special Offences Court in Ikeja for an alleged fraud of $ 6 , 786, 674 .61 .

The firm was charged alongside its Indian Chief Marketing Officer , Ashok Israni , who was listed as the first defendant in the case .
The one count filed before Justice A. O . Williams against the defendants , read , “Ashok Israni and Globacom Limited, sometime in 2008 in Lagos, within the Ikeja Judicial Division, with intent to defraud , induced Emitac Mobile Solutions LLC, Dubai, United Arab Emirates to confer a benefit on you by permitting Emitac Mobile Solutions LLC to provide you with Blackberry solutions services, valued at USD 6 , 786 ,674 . 64 on the understanding that the benefit will be paid for , which pretence you knew to be false . ”
The prosecuting counsel for the EFCC , Mr. A. B. C. Ozioko, who signed the charge sheet , claimed that the firm and Israni acted contrary to Section 1 ( 2 ) ( 3 ) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006 .

However, when the case was called in court on Monday, the defendants were not in court . The prosecutor, Ozioko , said the EFCC was making efforts to produce Israni , who had been granted an administrative bail by the anti - graft agency.
“My lord , we are sorry we are not able to produce the defendants.
“As part of efforts to ensure that trial commences , we brought the complainants all the way from Dubai .
“We have no choice but to seek a date for arraignment,” he said.
In the circumstance , Justice Williams adjourned the case till May 15 , 2018 for the arraignment of the defendants.

http://punchng.com/breaking-efcc-charges-globacom-with-6-7m-fraud/

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