Wednesday, 9 March 2016

EFCC picks Oronsaye for N240m fraud

The President Mohammedu Buhari led fight against corruption and other financial sharp practices is yielding fruits.

The anti graft agency ; Economic and Financial Crimes Commission has re-arrested a former Head of the Civil Service of the Federation, Mr. Steve Oronsaye, for an alleged N240m fraud.

EFCC is already prosecuting him on 24 counts charges on money laundering before he was arrested again on Tuesday for fresh charge.

Mr Steve Oronsaye  is alleged to have abused his position as Chairman of the Presidential Committee on Financial Action Task Force and is unable to account for the sum of N240million which he obtained from the Central Bank of Nigeria in the guise of assistance to the committee without the knowledge of other committee members and proceeded to convert the said sum to his personal use.

The rearrest came about eight months after a federal court in Abuja ordered him released from detention after he was docked for alleged N6.2billion fraud.

Information has it that EFCC arrested him from his Abuja residence at about 4.30 pm Wednesday concerning a different case and  grilled  investigators handling his case.

“What we are doing now is simply dotting the ‘I’ and cross the ‘ts’. Investigation is almost concluded and the suspect will be charged to court any time from now,” one of our sources said.

Mr Steve Oronsaye was appointed Head of Civil  Service to the Federation in June,2009 under the PDP led administration. It is also on record that he commited one of the biggest financial crime under Presidential Jonathan’s Administration.

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