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UBA is Embroiled in a Law Suit over N242M in Charges Filed by the IGP.




UBA is embroiled in a law suit over N242M in charges filed by the IGP.



The Inspector General of the Nigeria Police Force has filed a second amended charge before a Lagos Federal High Court against United Bank for Africa, a.k.a. UBA, two of its employees, a limited liability company, Castle Equipment & Logistics Limited, and its managing director, who are alleged to have swindled a Lagos businessman, Chief Vincent Ezenwa, to the tune of N242,015,000.00, the equivalent of 950,000 dollars.




In a four count charge filed before the court by the Police prosecuting counsel,Legal /prosecution section, Force Headquarters Louis Edet House,Abuja, Deputy Commissioner of Police, Simon Lough SAN, leading another Police Legal officer from Lagos, Barrister Morufu Animashaun, it was alleged that Emeka Njoku 41years, former marketer with United Bank for Africa, Onyinyechi Oraegbunem, “F” fomer branch manager of UBA Aba branch,and Pamela Onaga “F” former staff of UBA/account officer to Vincent Ezenwa now at large and United Bank for Africa , between 3rd April 2013 and 31st of June 2013 in Lagos and Aba, while acting in concert and with intent to defraud Chief Nnamdi Vincent Ezenwa, Managing Director of Vinna Investment Limited aids and abets Chibueze Ojeh 40 years Managing Director of Castle Equipment & Logistics Limited. of Lekki County homes and Castle & Logistic Limited to commit offence of obtaining money by false pretence when they induced Chief Nnamdi Vincent Ezenwa to transfer the sum of N242,015,000 from his UBA account to the UBA account of Castle Equipment & Logistics in Lagos which was withdraw by Chibueze Ojeh.


The offences alleged to have been committed by UBA and the other four defendants are contrary to and punishable under sections 1(1), 1(3), and 8(a) of the advance fee fraud and other related offences Act 2006.


The charge has been adjourned till after Easter vacation for trial.


The amended charge as filed before the court by the combined police prosecutors from Abuja and Lagos




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