The Economic and Financial Crimes Commission (EFCC) announced that its operatives in Lagos have apprehended ex-Minister Charles Chukwuemeka Ugwuh for an alleged N3.6 billion conspiracy and fraud in the Commerce and Industry sector.
EFCC’s Head of Media and Publicity, Dele Oyewale, disclosed on Monday that Charles Chukwuemeka Ugwuh and Chief Geoffrey Ekenma were arrested on January 11, 2024, at No.2, Musa Yar Adua Way, New Owerri, Imo State.
According to Oyewale, the arrest resulted from a petition by a new generation bank to the Commission. The petition outlined alleged fraud involving a company, Ebony Agro Industries Ltd., connected to the former Minister.
The statement said:
EFCC said the suspects would be charged to court as soon as investigations are concluded.
