Richard Ginika Izuora
The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Office, has arrested a staff of the P&G, for allegedly embezzling over N20 million company funds.
The suspect allegedly deployed the money to play sports betting.
Emmanuel Chigozie Eze, a 35-year-old Head of Sales for the company, was arrested along ‘K Line area’ of Ewet Housing Estate in Uyo, Akwa Ibom state, following a petition.
The petitioner alleged that Eze used his position as Head of Sales to supply goods worth over N20m to customers and then converted the same for personal use.
According to the complainant, the suspect between March 2020 and January 2021 sold goods worth the said amount. However, he collected monies from various customers using his personal account rather than the company’s account.
Investigations into the matter revealed that he has a severe gambling problem; as he spent over N4 million placing bets on a daily basis with almost nothing to show for it.
It was also discovered that between July and December 2020; the suspect received over N18 million from one of the company’s major customers (name withheld) for goods; which were not fully delivered.
According to the customer, she is still expecting the balance of goods worth over N8 million.
The suspect will be charged to court as soon as investigations are concluded.