The Economic and Financial Crimes Commission will on Wednesday (today) arraign Mohammed Adamu, the son of the ex -Nasarawa State governor and current lawmaker representing Nasarawa -West senatorial district, Senator Abdullahi Adamu, with alleged fraud to the tune of N 92m. The EFCC said in a statement by its acting spokesman, Mr. Samin Amaddin, that the suspect would be charged alongside one Felix Ojiako before a Federal High Court sitting in Kano on five counts bordering on money laundering. The suspects first came under investigation following a petition by one Atta Esin , Executive Director of Biolocks Technologies Limited alleging that Adamu and Ojiako conspired to use his company name ( Biolocks Technologies Limited ) to execute a contract without his knowledge . Esin also alleged that the contract resulted in the accumulation of withholding tax to the tune of N 1. 3m.
According to him, the contract was worth N 26m but investigation into the alleged fraud revealed that the actual contract sum was N 92m. “The suspects allegedly perpetrated the fraud by forging the board resolution of the company in order to open a new account in the company’ s name where the proceeds of the contract were subsequently deposited, ” the statement added .