Alleged N110m Fraud: You Have A Case To Answer, Lagos Court Tells Portia Emilia And Savanah Crest Investment Limited—-Justice O.O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Wednesday, October 4, 2023, ordered a businesswoman, Portia Emilia, and her company, Savanah Crest Investment Limited, to enter their defences in an alleged N110m fraud preferred against them by the Economic and Financial Crimes Commission, EFCC.
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The defendants were re-arraigned on March 16, 2023 on amended five-count charges bordering on conspiracy to steal, contrary to Section 411 and punishable under Section 287 (5) of the Criminal Law of Lagos State 2015; obtaining money and property by false pretences, contrary to Section 1(1)(2) and 1(3) of the Advance Fee Fraud and Other Related Fraud Offences Act 2006; stealing, contrary to Section 280(1) (12)8(7), 285(1) and 278(1)b) of the Criminal Laws of Lagos State, 2011; and retaining stolen property, contrary to Section 328 (1) of the Criminal Law of Lagos State 2015.
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One of the counts reads: “Portia Anthony Emilia and Savanah Crest Investment Limited, sometime in 2018 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, stole and dishonestly converted to your own the sum of N40,000,000.00 (Forty Million Naira only)”.
CREDIT: EFCC
