11 January 2014

Nigeria: Police Insists On Investigating American Accused of U.S.$350,000 Fraud

The Nigerian Police's Special Fraud Unit (SFU) has vowed to investigate an American accused of a $350,000 fraud despite appeal from a judge for the matter to be settled amicably among parties involved in the suit.

After setting January 27, 2014 as date for hearing arguments in respect of a motion ex-parte granted the accused, Jim Daniels-Nnah, preventing the police from investigating him over the alleged fraud, Justice Mohammed Yunusa of a Federal High Court in Lagos asked if there was still possibility for a settlement of the issue outside the court.

However, counsels representing the police and the petitioner, Frank Emerho, and C.E Ikebuasi said the possibility for such settlement does not exist and refuted the submission of C.U Nkwocha, counsel representing the accused, that steps were being taken to settle the matter.

Mr. Emerho said the police is only doing its constitutional responsibility of investigating allegations of fraud.

Environ-Aid Technologies Limited and Enercon Nigeria Limited had petitioned the police over an alleged $350,000 fraud perpetrated by Mr. Daniels-Nnah.

According to the petition, Mr. Daniels-Nnah, through his company, Biowish Inc, USA, fraudulently obtained the sum of $350,000 from the companies under the guise of supplying chemicals for Environmental Remediation.

Between September 2012 and December 2013, the Environ-Aid Technologies Limited said it transferred the sum of $350,000 in two tranches of $150,000 and a last tranche of $50,000 on October 16, 2012, November 6, 2012 and December 14, 2012 respectively to Biowish's bank account number 2531597594, BBVA with Compass Bank, Houston, Texas as payment for the chemicals but that they were never supplied till date.


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