Photographs: EFCC captures "Minister" For N200m misrepresentation

Press explanation from EFCC…

The Economic and Financial Crimes Commission, EFCC, has captured one Jonathan Ibinabo Alatoru, a self-acclaimed minister and Chief Executive Officer, CEO, Chemtronics Nigeria Limited, for connivance, fabrication and getting cash by false misrepresentation to the tune of N200 million. The suspect, who had prior hopped the managerial safeguard allowed him by the Commission, was captured by agents of EFCC in a sting operation on Thursday, November 26, 2015, in Abuja.

The 55-year-old suspect had been recompensed an agreement by the Ministry of Niger Delta Affairs, Abuja for the development of an aptitude obtaining focus at Igualeba, Orhiomwon LGA, in Edo State, to the tune of N1.7billion. The agreement, which should be finished inside of a year, was, notwithstanding, ended in 2011 when he couldn't finish the structure year and a half after. Be that as it may, the suspect supposedly drew closer Sterling Bank Plc with a few reports implied to have exuded from the Ministry to secure a N200 million bank office. In satisfaction of the prerequisites to get the bank office, the suspect purportedly displayed both the Certificate of Occupancy, C of O, of a property situated in the G.R.A., Ikeja territory of Lagos and another home loan understanding letter as security in 2012. The examination, on the other hand, uncovered that both records fit in with the late Vice-Admiral Babatunde Elegbede, a previous military Governor of Cross Rivers State, who kicked the bucket in 1994. As per the complainant, the suspect additionally purportedly exhibited a manufactured domiciliation installment letter, expressing that the returns of the agreement ought to be transmitted to the bank for the overhauling of the advance. It was likewise found that the suspect purportedly schemed with one Ndubuisi Egbe Unah, who is at present confronting trial under the steady gaze of a Federal High Court, Abuja, and some staff of the bank to execute the affirmed misrepresentation. The suspect will soon be charged to court. Wilson Uwujaren Head, Media and Publicity 27th November, 20