Bureau de Change Operator Docked for N10.3m Scam

 The Economic and Financial Crimes Commission (EFCC) today July 17, 2013 arraigned Bashir Murtala and Circular Trust Bureau de Change Limited before Justice Darious H. Kobo of the Kaduna State High Court on one count charge that borders on stealing and criminal breach of trust.

The accused who is the operator of Circular Bureau de Change located at Ali Akilu House on Ahmadu Bello Way Kaduna, allegedly received the sum of Fifty Thousand Euros (Ten Million Three Hundred and Fifty Thousand Naira) from Alhaji Samaila Abubakar as a payment for some trucks but converted the sum to his use.
The charge reads; "that you Bashir Murtala and Circular Bureau de Change Limited, sometime in December 2012 at Kaduna within the jurisdiction of High Court of Justice, Kaduna while being Bureau de Change operator and entrusted with the sum of N10, 350, 000 by Alhaji Samaila Abubakar, converted the money to personal use and thereby committed an offence contrary to section 311 and punishable under section 312 of the Penal Code.
The accused person pleaded not guilty after listening to the charge.
The prosecuting counsel B.M Buhari requested a date for hearing in view of the plea of the accused but the defense counsel, C.O Uzo prayed the court to admit his client to bail.
The case has been adjourned to July 25, 2013 for hearing of the bail application, while the accused is remanded in prison custody.


Media & Publicity Unit