The Nigerian police have arraigned one Omafume Ayinuola, alongside her mother, Lydia Ehrievuyere over fraud.
They were arraigned on Wednesday before the Lagos division of the Federal High Court on allegations of laundering N1,072,254,411 and $975,102.58.
The duo were arraigned alongside their company, Patridia Resources Limited before Justice Nicholas Oweibo.
Background
The case was initiated by the Force Criminal Investigation Department Annex located in Alagbon, Ikoyi, Lagos.
The charges against them encompass 15 count-charges bordering on conspiracy, unlawful conversion of funds, money laundering, and fraud.
According to the police prosecution counsel, Morufu Animashaun, the alleged offences occurred between 2017 and 2021 at Trailer Park in the Agbara area of Lagos State.
Throughout this period, the defendants are said to have defrauded several companies, including Oritsetimeyin Logistics Limited, PUO Assets Limited, Resolution Capital Limited, Pine Petosan Limited, Grace Capital Ltd, RsL International Limited, RsL Ventures Capital Limited, Grace & Mercy Capital Limited, Grace Assets Limited, and an individual named Peter Ukuoritsemofe Ololo.
The funds that were supposedly misappropriated by the defendants were intended for the purchase and supply of consumables for the offices of the companies as mentioned above.
Upon arraignment, the defendants pleaded not guilty to the charges preferred against them.
Court`s decision
Following the defendants’ non-guilty plea, The presiding judge, Justice Oweibo adjourned till August 23, 2023, for hearing of their bail applications.
