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Alleged N11.8m fraud: EFCC arrests Adesanya, 4 others

By Emmanuel Ovuakporie

ABUJA — The Economic and Financial Crimes Commission (EFCC) has arrested the Managing Director of National Film Corporation (NFC), Mr Afolabi Adesanya and four directors over an alleged N11.8million fraud bordering on money collected for re-location from Jos to Abuja that was not used but instead it was shared by the directors.

The other suspects include: Mr Bala Ahmed, Director of  Administration, Mr Sambo Abubakar Sanusi, Director of Finance, Mr Olorundare Sunday Chief Auditor, Assistant Director Administration Mr Joshua Olayashade.

It was reliably gathered that the MD and other board members had approached the Minister of Information and Communication, Professor Dora Akunyili in February, asking her to approve the sum of N11.8million to enable the corporation re-locate to Abuja.

The said amount was approved by the minister but later discovered that the same organisation had previously re-located from Lagos to Jos because of the cold weather which is said to be  good for film production.

The source said, “the minister suspected a foul play and subsequently cancelled the approval in April  and ordered a refund.”

“But the MD and his colleagues thought otherwise and by May decided to share the money among themselves”, the source added.

On investigation, the EFCC discovered that the money had developed wings and on interrogation the suspects allegedly owned up that “they will pay back the money to the coffers.”

It was also discovered that 15 members of the board collectively agreed to make the refund.

The source further revealed that the matter would be charged to court within the week or next week.

The five key suspects were arrested on Tuesday in Jos and brought to Abuja same day.

When contacted the Head, Media and Publicity, Mr Femi Babafemi confirmed the arrests but refused to make comments on the issue.


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