Admin l Friday, October 7, 2022
BWARI, Abuja, Nigeria – The Economic and Financial Crimes Commission, 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.