The Economic and Financial Crimes Commission (EFCC) has returned ₦108 million recovered from an alleged fraud involving two former employees of a Lagos-based company to the firm’s legal representatives, Karren Walters Attorneys.
According to the EFCC, the recovered funds are part of the proceeds from an ongoing investigation into allegations of abuse of office, forgery, theft, and diversion of company funds.
The commission said the suspects, Nkechi Gladys Megai, who is reportedly on the run in the United Kingdom, and Godson Eze, the company’s former Chief Financial Officer, allegedly forged documents, created fake invoices using the names of legitimate vendors, and diverted company funds through fraudulent transactions over an extended period.
The alleged fraud is said to involve several hundreds of millions of naira. Speaking during the handover ceremony, the Acting Zonal Director of the EFCC’s Lagos Zonal Directorate 2, Assistant Commander Bawa Usman Kaltungo, reaffirmed the agency’s commitment to ensuring justice for victims of financial crimes and recovering stolen assets wherever possible.
He added that efforts are ongoing to apprehend all individuals connected to the alleged fraud, including suspects who have fled the country, so they can face prosecution.
Representatives of Karren Walters Attorneys commended the EFCC for its professionalism and diligence throughout the investigation, noting that the recovered funds would help reduce the financial losses suffered by the company.
The anti-graft agency said investigations remain ongoing as it continues efforts to recover additional assets and bring all those involved in the alleged fraud to justice.
