TheCable

The Economic and Financial Crimes Commission (EFCC) will on Friday, May 23, 2014, arraign a businesswoman, Mary Okoh, also known as Josephine Williams, for offences bordering on fraud and forgery, the agency’s spokesman has said.

Narrating the arrest of the suspect, Mr Wilson Uwujaren, the head of media and publicity of the agency said Okoh was arrested by the operatives of the commission following a complaint by Okon Abasi, executive officer of Mutual Alliance Property Development Company Limited.

He explained that the suspect obtained the sum of N30 million from Mr Abasi as a loan, and gave him a certificate of occupancy for her landed property situated at Gwarimpa, Abuja as a collateral.

“The suspect allegedly defaulted in payment of the loan and also sold the property used as the collateral to Lead British Schools, Gwarimpa with another certificate of occupancy,” Uwujaren said, adding that investigations into the scam have already been concluded, and the suspect will be arraigned at the Federal Capital Territory High Court, Abuja, on Friday.