The Economic and Financial Crimes Commission (EFCC) has handed over an additional ₦42 million recovered from suspected fraudsters to a businessman, bringing the total amount recovered in a years-long cement supply fraud to ₦158 million.
In a press release posted on X, the EFCC said the money was presented to the businessman, Ebesunun Edonojie, by the Acting Zonal Director of the EFCC’s Benin Zonal Directorate, Sa’ad Sa’ad, on Wednesday.
Mr Edonojie had petitioned the anti-graft agency in 2022, alleging that one Ogiemwonyi Godwin defrauded him of ₦175.39 million in a failed cement supply transaction.
According to the EFCC, the businessman said he transferred ₦350.78 million to the suspect for the supply of 116 truckloads of cement. However, only 58 trucks were delivered, leaving an outstanding balance of 58 trucks valued at ₦175.39 million.
Investigators found that the suspect paid ₦280 million to Dangote Cement Company for part of the order but diverted the remaining ₦70 million for personal use.
