In a bid to stop his picture from being taken, Stephen Oronsaye, former head of service, cocked down his head and turned his back on hungry cameras in court on Tuesday.
The former head of service, who arrived at the Federal Capital Territory (FCT) high court at 8:30am, wore a blue native attire, and frantically tried to hide from the cameras.
He is facing a two-count charge of corruption and obtaining by false pretence to the tune of N190m brought against him by the Economic and Financial Crimes Commission (EFCC).
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The charges read: “Stephen Oronsaye a.k.a. Mr Steve Oronsaye on or about 12th June, 2013 at Abuja within the jurisdiction of the high court of the federal capital territory whilst being the chairman of the Presidential Committee on Financial Action Task Force and in such capacity entrusted with certain property to wit: the sum of N90,000,000.00 ( Ninety Million Naira) committed breach of trust in respect of the said sum by converting it to your personal use through the investment of the said sum of N90,000,000.00 in Access Bank Plc’s Bankers Acceptance for a tenor of 90 days at 9.0% interest rate in violation of the extant financial regulations.
“Stephen Oronsaye a.k.a. Mr Steve Oronsaye on or about 30th December, 2014 at Abuja within the jurisdiction of the high court of the federal capital territory whilst being the chairman of the Presidential Committee on Financial Action Task Force and in such capacity entrusted with certain property to wit: the sum of N100,000,000.00 ( One Hundred Million Naira) committed breach of trust in respect of the said sum by converting it to your personal use through the investment of the said sum of N90,000,000.00 in Access Bank Plc’s Bankers Acceptance for a tenor of 90 days at 12.0% interest rate each in violation of the extant financial regulations.”
He is also facing multiple charges at the federal high court, Abuja, for allegedly stealing N2bn.
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