Admin l Friday, October 7, 2022
BWARI, Abuja, Nigeria – The Economic and Financial Crimes Commissi on, EFCC, has arraigned Adewale Aladejana, the Managing Director of Saphire Scents Limited for fraud and related activities.
Adewale Aladejana was arraigned before Justice M. A Madugu of the Federal High Court sitting in Bwari, Abuja, for obtaining money under false pretence to the tune of N12 million.
He was arraigned on three- count charges bordering on misappropriation and obtaining under false pretence.
Specifically, he was alleged to have collected the sum of N12 million from potential investors in his company, with a promise of turnover in six months.
Adewale Aladejana could not offer return on investment in six months as promised and did not return invested funds to his investors.