EFCC Arraigns Insurance Broker for Diversion of N26bn PHCN Severance Benefit
Kingsley Nwezeh in Abuja The Economic and Financial Crimes Commission (EFCC) yesterday arraigned one Mr. Abiodun Waheed Hassan and his Company Bestworth Insurance Brokers Limited before Justice S.C Oriji of the Federal Capital Territory (FCT) High Court, Apo, Abuja on a five-count charge of alleged criminal breach of trust and misappropriation of funds to the tune of over N26billion. A statement by the commission said the defendant allegedly diverted humongous sums of money earmarked for the payment of outstanding insurance premiums and claims of deceased and incapacitated staff of Power Hold...