Businessman Scammed Me Of N80m In Forex Trading – Witness –
Emmanuel Auta, Managing Director of Abegyi Nigeria Limited, told CTF High Court Kubwa how Philemon Gora allegedly defrauded him of 80 million naira in Forex trading.
The Economic and Financial Crimes Commission has indicted Gora, managing director of G Commanding Resources Limited, with 12 counts bordering on obtaining under false pretext.
Auta made the allegation while being presented as evidence by EFCC prosecution attorney Samuel Ugwuegbulam.
He said he wrote a petition to the EFCC on the matter, through his lawyer, Ayodeji Ayodele, on November 23, 2017.
He said: âAt one point in 2014, I was introduced to the defendant as a forex trader in his office in Area 8, Abuja.
âThe defendant gave me a presentation on forex trading, saying that if I could invest in it, he would give me 20% per month.
âAfter the presentation, we had another meeting in his house and he guaranteed me the interest rate, so I deposited 20 million naira with him in April 2014.
âI gave him a letter of authorization based on my company’s resolution to transfer funds from my company account with Time Microfinance Bank located in Kafachan, Kaduna State (owned by the defendant) to his account. business.
âHe transferred 40 million naira on May 19, 2014 and 20 million naira on June 3 of the same year, including my initial 20 million naira, for a total of 80 million naira.
âAfter all the transfers I couldn’t reach him on the phone, so I went to his house and found out he had moved, but found out he had moved to AYA, Asokoro.
“I confronted him with the reasons why I hadn’t aroused any interest as agreed and he apologized and gave me another phone number to reach him, which I tried in his presence and c ‘has passed.
âSo I left with the assurance that I would earn interest on my investment within 30 days. “
Auta said that after 60 days he had not heard from the accused and learned that he was no longer in the country.
He added, âI got a phone number to reach him overseas and called, but he told me he was on a business trip and would come back.
âAfter that, all efforts to reach the accused turned out to be aborted until in 2015 I had a clue that he was in the country and that he was at a meeting at the Ministry of Justice.
âI reported the matter to the FCT Police Command and I was assigned two policemen who joined my lawyer and I at the Ministry, where the accused was taken to the Abuja Zone Command and he wrote his statement.
“The accused confessed to the police about our dealings, so they gave us the opportunity to talk to each other and that was the last time I heard from him until I wrote to the EFCC and I was asked to write my statement, I found out that he was in their custody. “
The prosecution lawyer asked the witness what convinced him to believe the accused was in forex trading.
The witness testified that the defendant made a presentation, showed him a bank registration certificate that he had and two documents relating to the Bureau de Change.
The letter of authorization to transfer funds issued by the nominal plaintiff to the defendant, the written petition to the EFCC and the documents received from the defendant were presented as exhibits and admitted.
Defense lawyer Unekwu Enegbani asked for evidence to show that the witness paid the said sum directly to the accused.
Enegbani further asked whether the witness was aware that the accused’s bank accounts were frozen.
In response, the witness said he collected a payment statement showing the transaction flow of Time Microfinance Bank and was unaware that the defendant’s account was frozen.
Judge Kezziah Ogbonnaya adjourned the case until October 18 for a hearing.