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Tag: Globacom Ltd

EFCC Arraigns Globalcom, Official Over $6.7m Fraud

EFCC Arraigns Globalcom, Official Over $6.7m Fraud

METRO, NEWS
  Telecommunications giant, Globacom Ltd and its Chief Marketing Officer, Ashok Israni, were on Monday arraigned before an Ikeja Special Offences Court over alleged 6.7 million dollars fraud (N2.41 billion). The Economic and Financial Crimes Commission (EFCC) had slammed a 6.7 million dollars fraud charge on Globacom and Israni who allegedly committed the offence against Emitac Mobile Solutions, a Dubai-based company. Monday‚Äôs proceedings were, however, stalled following the absence of Israni and representatives Globacom in court for their arraignment. The defendants also had no legal representation. Addressing the court over the development, Mr Anselem Ozioko, the lead prosecuting counsel for the EFCC, said Globacom and Israni had been evading the anti-graft commissio