Ex banker with Polaris Bank, Mrs. Ugochi Dike and her husband Architect Emmanuel Dike, a popular elder of Seventh Day Adventist Church have been arraigned by officials of the Economic and Financial Crimes Commission EFCC.
Under the guise of investing in contracts execution with NNPC, SPDC and other IOCs with clear terms of return of investments, Mrs Ugochi Dike is accused of swindling a company, identified as, Clip Nigeria Ltd, to the tune of 500 million.
Clip Nigeria Ltd, alleged that after a period of no returns, they found out that they have been swindled. They later demanded for a refund of the principal money from Mrs Ugochi Dike but Mrs Dike was unable to refund the money claiming that her husband, Arch. Emmanuel Dike invested the money into his Cryptocurrency trading.
Arraigned before a Federal High Court sitting in Port Harcourt, the couple are facing a 5 counts charge with suit number FHC/PH/458C/23 FRN vs UGOCHI EZIAKU DIKE & ORS were brought to court from the custody of the EFCC on a 5 counts charge which includes: “Count 1: Conspiracy, obtaining money by false pretenses contrary to section 8(a) of Advance Free Fraud and other fraud-related offenses Act, 2006 punishable under section 1(3).”
The accused were granted bail by one Ajoku, in the sum of N1 million each. The court, however noted that the surety must be up to a grade level 12 civil servant in Rivers State and must present a letter of employment and certificate of occupancy within the jurisdiction of the court, produce passport photographs and admonish that, during the next sitting, the lawyer’s clients appear in court.
Pending when they meet the bail conditions, the court has adjourned till January 30th, 2024, for trial and remanded the accused persons in the Port Harcourt Correctional Centre.
