Akpan was arrested following a petition by one Kim Son, a Vietnamese businessman, that the suspect defrauded him of the sum of $7, 920 (Seven Thousand, Nine Hundred and Twenty United States Dollars), after failing to ship a consignment of cow horns he allegedly ordered and paid for.
The Economic and Financial Crimes Commission, EFCC, has arraigned Michael Akpan before Justice Kudirat Jose of a Lagos State High Court sitting in Ikeja on one -count charge bordering on stealing, contrary to section 185 (1) of the Criminal Laws of Lagos State 2011.
Akpan was arrested following a petition by one Kim Son, a Vietnamese businessman, that the suspect defrauded him of the sum of $7, 920 (Seven Thousand, Nine Hundred and Twenty United States Dollars), after failing to ship a consignment of cow horns he allegedly ordered and paid for.
Akpan admitted collecting the money but did not fulfil the contractual obligations to the Vietnamese nor make any refund of the money paid to him. Besides, after collecting payments for the cow horns, he reportedly stopped communicating with the complainant.
The charge read:
“ Michael Akpan and Cheal Howamic Nigeria Limited, sometime in September 2013 at Lagos within the jurisdiction of this court with intent to defraud, fraudulently converted to your own use the sum of $ 7, 920.00 USD property of Vu Kim Son of Kimson Import Department”
When the charge was read to him, he pleaded not guilty .
Justice Jose ordered that defendant be remanded in Kirikiri maximum prison and
adjourned the matter to June 18 and 22, 2015 for trial.
Wilson Uwujaren
Head, Media & Publicity
14th April, 2015