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Saturday 23 June 2018

N282.7 Million UBA Fraud Scandal: Absence of witness pends trial

AGENCY REPORT Business

N282.7 Million UBA Fraud Scandal: Absence of witness pends trial

The trial of Frank Karkitie, an oil marketer, charged with defrauding UBA of N282.7 million was stalled on Thursday following the absence of a prosecution witness. Mr Karkitie is being tried alongside his company, Enegas Power Ltd, Dawodu Sheriff and Ogbemudia Benson. The defendants are facing a six-count charge bordering on conspiracy to obtain money

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