EFCC Arraigns Man Over $45,000 Forex scam In Lagos

One Chief Ikechukwu Meregini has been dragged before a Lagos State High Court by the Economic and Financial Crimes Commission, EFCC, on a two-count charge of obtaining money under false pretense.

Meregini was said to have allegedly entered into a foreign exchange transaction worth $45,000 with the petitioner, M.S Securities Bureau De Change Limited.

According to the plaintiff, an understanding was reached with the suspect that upon paying the said amount into Meregini’s domiciliary account, he will in turn pay back the naira equivalent five days after the deal was struck. The suspect instead issued a post-dated cheque and all effort to get the accused to pay back the money proved abortive.



Meregini however pleaded not guilty to the charges when read.

The charge sheet readS: “Chief Ikechukwu Meregini, sometimes in 2003 at Lagos within the jurisdiction of this court and with intent to defraud, conspired with Samuel Eze, now at large, to wit: stealing the sum of $45,000.00 USD, the property of M.S Securities Bureau De Change Limited.

The trial judge, Justice Kudirat Jose, however granted Meregini bail in the sum of N4million and two sureties in like sum.

 Tinubu suffering from memory loss, Jonathan never offered him VP slot – Fani-Kayode
Jose however adjourned the case till May, 20 and 21, 2015.