EFCC arrest LG councillor for alleged N11 million fraud

Hon Theophilus Madami a councillor representing Kakuri Hausa, Ward, Kaduna South Local Government of Kaduna State, has been arrested by the Kaduna Zonal office of the Economic and Financial Crimes Commission, EFCC for offences bordering on alleged criminal breach of trust and misappropriation of funds to the tune of Eleven Million Eighty Thousand Naira.

EFCC arrest LG councillor for alleged N11 million fraud

According to reports, Hon Theophilus Madami, allegedly approached one, Ibrahim Ringim Haruna, Chief Executive Officer of Pyramid Supplied Services Limited, a distributor of pasta products, with claims that his council needed pasta products for distribution to its citizens.

Consequently, the company, sometime in November, 2018, supplied products worth sixteen million, eighty thousand naira only (N16, 080,000) to the suspect who paid a deposit of N5m, leaving a balance of N11.080,000.00.

After delivery of the goods, he diverted the proceeds his personal use and refused to pay the balance as agreed.

The suspect will be charged to court as soon as investigation is concluded.

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