BDC Operator Bags 5 Years For N22M Transfer Fraud In Kano

The Economic and Financial Crimes Commission, EFCC, today February 28, 2022, secured the conviction of one Abdullahi Tajuddeen, a bureau de change operator, before Justice Lawan Wada of the Kano State High Court on a one count charge bordering on criminal breach of trust.

The convict was arraigned by the Commission sometime in November 2015 on five counts of criminal breach trust, forgery and using as genuine.

The defendant was, sometime in September 2011 instructed by the petitioner to transfer the sum of $ 140,200 (equivalent to N22, 109, 540.00) to one of his customers, Huzhou Fuxing, who owns a weaving and dying company in China.

ALSO READ: SSANU Blasts FG, Threatens To Ground Varsities

The defendant claimed that the money was transferred to Fuxing through one of the new generation banks on September 20, 2015. However, the telegraphic instrument presented as proof of the transfer, was found to be forged.