The Economic and Financial Crimes Commission (EFCC), has arrested one Kola Al-Amin, a former staff of the Joint Admission and Matriculation Board (JAMB) over alleged forgery and obtaining money by false pretences.
EFCC spokesman Tony Orilade in a statement said Al-Amin was arrested by the Ibadan Zonal Office of the agency following a petition against him.
He said the petition alleged that sometime in November, 2010, Al-Amin who operates under the name of “Cool Technologies Consult Limited” with office located at No.4/900, Taiwo House, Second Floor, Yemetu Total Garden, Ibadan, Oyo State approached the complainant, a microfinance bank (name withheld) with a Local Purchasing Order (LPO) for the supply of internet hardware which he claimed was from JAMB headquarters, Abuja.
Orilade said Al-Amin requested the microfinance bank to advance him a loan of 10,000,000.00 (Ten Million Naira) only to finance the LPO.
The EFCC said the petitioner further alleged that Kola was granted the loan with an agreement that the proceed of the LPO from JAMB will be paid directly into his account with the microfinance bank.
However, Orilade said the complainants noted that at the maturity of time for repayment, he allegedly disappeared and on verification of the LPO in JAMB headquarters, Abuja, it was discovered that the LPO provided by the suspect was forged and that he was no longer a staff of the organization.
He said additional investigation revealed that the suspect has been involved in several other fraudulent deals under the same guise of being a JAMB official.
Orilade said he will be charged to court upon conclusion of investigations.