Dickson Graymond, a retired detective of the Economic and Financial Crimes Commission, EFCC, on Thursday told an Ikeja High Court in Lagos State how a pastor, Nsikakabasi Akpan-Jacobs, allegedly scammed Titi Atiku Abubakar, the wife of former Vice- President Atiku Abubakar, of N918 million.
The EFCC had charged Akpan-Jacobs; Abdulmalik Ibrahim, a lawyer; and Dana Motors Limited with a 14-count charge bordering on conspiracy, stealing and fraudulent conversion of property worth N918 million belonging to THA Shipping Maritime Services Limited.
THA Shipping Maritime Services Limited, a company created in 2000, is owned by Titi Atiku Abubakar; Fred Holmes, her German business partner; and Akpan-Jacobs.
Abubakar was allegedly the majority shareholder with 49 per cent shares, while Holmes and Akpan-Jacobs each had 25 per cent shares.
Akpan-Jacobs, who also doubled as the company’s Managing Director and Secretary, was alleged to have gone to the Corporate Affairs Commission to alter the shareholding in his favour and forged the company’s board resolutions.
He allegedly allotted 51 per cent shares to himself and 24.5 per cent shares each to Abubakar and Holmes.
According to the EFCC, wielding a fraudulent shareholding power, Akpan-Jacobs sold a property belonging to the company to Dana Motors Nigeria Limited for N918 million.
The property is located at Plot C63 A, Amuwo-Odofin Commercial Layout along Oshodi-Apapa Expressway, Lagos.
Justice Oluwatoyin Ipaye adjourned the case to October 24 and 25 for continuation of trial.
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