28 C
Lagos
Monday, September 28, 2020
- Advertisement -

Police Arrest Two Men Over €14.7mn COVID-19 PPE Fraud

Opinion

What Manner of Olive Branch? By John Mayaki

Happy times are here for Godwin Obaseki, who rode into victory, courtesy of his Rivers State counterpart and comrade-in-electoral sleight of hand,...

Between ‘Dividers-in-Chief and Dividers-in-Law’ By Wole Soyinka

I am notoriously no fan of Olusegun Obasanjo, General, twice former president and co-architect with other past leaders of the crumbling edifice...

Putting our Money Where Our Mouth Is – By Femi Adesina

There is a story that President Muhammadu Buhari likes to tell. He has done so many times in public and private meetings....

El-Rufai and the next Emir of Zazzau By Aliyu Tilde

The last colonial Governor of Northern Nigeria, Sir Bryan Sharwood Smith, was the District Officer (D.O.) of Zaria when the Emir of...

The Cybercrime Unit of the Nigeria Police Force, INTERPOL, National Central Bureau, Abuja has arrested two (2) suspects for their complicity in a major multi-million euro procurement scam procurement involving COVID-19 Personal Protective Equipment (PPE).

The suspects, Babatunde Adesanya a.k.a Teddy, a fifty-year-old Master’s degree holder in Cell Biology and Akinpelu Hassan Abass, a forty-one-year old businessman and chief executive officer of Musterpoint Investment Nigeria Limited, both of whom are allegedly members of a sophisticated transnational criminal network, are accused of cloning the corporate website of ILBN Holdings BV, Holland to transact with and defraud one Freiherr Fredrick Von Hahn, a representative of the German State of North Rhine-Westphalia.

The arrest of the suspects was sequel to a Mutual Legal Assistance Treaty (MLAT) received by the Bureau from the office of the Attorney General of the Federation and Minister of Justice conveying a request from the German Government for investigations into a fraudulent transaction on the procurement of COVID-19 Personal Protective Equipment linked to a Nigerian-based Bank Account.

A detailed investigation by INTERPOL Nigeria revealed that the suspects and their Holland-based cohorts, one Eduardus Boomstra and Geradius Maulder specialized in identity theft, cyber-stalking, cloning of corporate websites amongst other cyber crimes to defraud unsuspecting members of the public around the world.

In this instance, the suspects fraudulently obtained from Mr Freiherr Fredrick Von Hahn the sum of 1.5m Euro and another 880,000 Euro as advanced payment for the supply of COVID-19 PPEs valued at 14.7million Euros. Disturbed by the non-arrival of the PPEs, Mr Freiherr Fredrick Von Hahn eventually visited the corporate office of ILBN Holdings BV in Holland to inquire reasons for the delay in supplying the items only to find out that the company never did business with him and that the transaction was a scam.

The fraudsters merely cloned the company’s website and falsely presented themselves as representatives of the company before subsequently executing the fraudulent transaction. Consequently, he reported the case of fraud to the Police in Holland and this led to the arrest of Eduardus Boomstra and Geradius Maulder in Holland while the investigation extended to Nigeria.

The Investigation by INTERPOL Nigeria revealed that Babatunde Adesanya received 498,000 Euro from Eduardus Boomstra and Geradius Maulder through his Citibank London account and transferred same to an account number domiciled with a Lagos branch of a leading commercial bank in Nigeria belonging to Musterpoint Investment Nigeria Limited. The case was investigated by the Commissioner of Police, INTERPOL, Garba Baba Umar and operatives of INTERPOL Nigeria, Cybercrime Unit.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Business Profiles

Okechukwu Ohanta

Okechukwu Ohanta is the Sub-Surface Manager at Tenoil Petroleum and Energy Services. Mr Ohanta is responsible for the company's subsurface studies, formation...

Chukwunonye Emenalo

Chukwunonye Emenalo is a lecturer of financial management at Lagos Business School. His teaching interests are in financial management/corporate finance. His research...

Oyewale Ariyibi

Oyewale Ariyibi is the Chief Financial Officer at FBN Holdings Plc. Before this appointment, he was Chief Finance Officer at Transnational Corporation...

Dada Awosika

Dada Awosika is the Managing Partner of D.A Awosika & Partners LLP. He started his Legal Practice in 1996 at the law...

Olamide Edun

Olamide joined Lion’s Head Global Partners in 2017 and is a member of the African Local Currency Bond Fund team, focussed on...