A Developer Docked Over N31.8m Scam

The Economic and Financial Crimes Commission, Abuja Zonal Command, said it has arraigned one Princess Carol Ngozi over N31.8million scam.

The commission disclosed this yesterday in a press release published on its Facebook page.

The Abuja developer was arraigned on August 18, 2021 alongside her company, Carolina Luxury Homes, before Justice Hamza Muázu of the High Court of the Federal Capital Territory, Maitama, Abuja.

A 30-count charge bordering on obtaining by false pretence was preferred against her.

Africa Investigative Magazine gathered that Princess Ngozi allegedly obtained the sum of N31, 825,000 (Thirty One Million, Eight Hundred and Twenty Five Thousand Naira) from thirty persons in order to allocate plots of land at Carolina Luxury Homes Estate, Gousa District, Abuja to them.

She however pleaded not guilty to the charges.

Her counsel, Olumide Olujimi reminded the court of a pending bail application filled on August 16 and pleaded that his client be released on bail.

The counsel to EFCC, Faruk Abdullahi accepted the application and urged the court to give the terms to ensure that the defendants are available for trial.

Justice Hamza Muázu granted the defendant bail in the sum of Thirty Million Naira and a surety in like sum.

According to the report, “The surety must have a landed property within Abuja Municipal Area Council with original document submitted to the court.

The defendant is also to deposit her International passport with the court.

The matter was adjourned till 17th September, 2021 for hearing,” it said.