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EFCC charge Macmillan Nigeria publisher over alleged $156,700 fraud

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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The Economic and Financial Crimes Commission (EFCC) has charged  Prof. Adesanya Adelekan, Macmillan Nigeria Publisher over alleged $156,700 book fraud.

Mr Adelekan was charged to court alongside one Bola Fasasi. However, only Fasasi was present for arraignment on Monday before an Ikeja Special Offences Court.

Though Fasasi pleaded not guilty to the charges, Professor Adelekan is said to be at large. They are being prosecuted by the EFCC on amended six-count charge  bordering on obtaining money under false pretences.

The charge sheet reads “Macmillan Nigeria Publisher, Prof. Adesanya Iyiola Adelekan (now at large) and Fasasi Bola, sometime in 2018, obtained books worth $156,711.87 for sale by false pretences from BHS Book Printing SDN BHD of Selangor, Malaysia.”

The duo under false pretences, promised to sell the books and remit the proceeds within two weeks of receiving the bill of lading.

The presiding judge, Justice Mojisola Dada ordered that Fasasi be remanded in Ikoyi Correctional Centre. She, therefore, adjourned the matter for July 8, to hear the application for bail.

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