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“Accountant and Mother Face Charges in N1bn and $975,102 Fraud Case”

Chartered accountant Omafume Ayinuola and her mother, Lydia Ehrievuyere, along with their company, Patridia Resources Limited, have been arraigned before the Federal High Court in Lagos on charges of money laundering, fraud, and other related offenses. The charges involve alleged laundering of N1,072,254,411 (Nigerian Naira) and $975,102.58 (US Dollars).

The police prosecution counsel stated that the alleged offenses took place between 2017 and 2021 in the Agbara area of Lagos State, Nigeria. The defendants are accused of unlawfully converting funds meant for the purchase and supplies of consumables for various companies.

Both defendants pleaded not guilty to the charges, and the case was adjourned until August 23, 2023, for the hearing of bail applications. In the meantime, the judge ordered that the defendants be remanded in the Kirikiri Correctional Centre.

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