The Economic and Financial Crimes Commission on Monday arraigned Daniel Edet alongside his company, Daneve Engineering Limited, before Justice Abubakar Sadiq Umar of the FCT High Court sitting in Abuja, on a two count charge bordering on fraud and issuance of dud cheque.
Count two of the charge reads: “That you Daniel Edet and Daneve Engineering Limited on or about the 4th of June 2010 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory with intent to defraud knowingly and fraudulently issued a Unity Bank Plc cheque no. 00000003 dated the 4th of June, 2010 for the sum of N9,505,072 (Nine Million Five Hundred and Five Thousand, Seventy Two Naira ) payable to Global Royal Int’l Concepts Ltd of which the cheque on presentation was dishonored for insufficient funds in the account and thereby committed an offence contrary to and punishable under section 1(1) of the Dishonored Cheques Act, Cap D11, Laws of the Federation of Nigeria, 2004.”
The arraignment of Edet followed a petition by Sunday Thomas, alleging that Edet issued him a local purchase order to supply various office furniture and electronics to Daneve Engineering Limited, which he did, and that the accused issued a Unity Bank Cheque for of N9,505,000 to his company, Global Royal International Concept Limited, which, upon presentation at the Bank, was dishonoured due to insufficient funds in the account.
The accused pleaded not guilty when the charges were read to him.
C.A. Nwachukwu, defence counsel, moved oral bail application, which was opposed by the prosecution counsel, Cosmos O. Ugwu, who urged the court to rather grant accelerated trial as stipulated in Section 19 of the EFCC Establishment Act, 2004.
Justice Umar adjourned the matter to November 28, 2012 for ruling on the bail application and fixed January 13, 2013 for commencement of trial.
He ordered that the accused person be remanded in EFCC’s custody.
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