Billionaire Arthur Eze stung by two brothers, loses N1.5billion

The Economic and Financial Crimes Commission, EFCC, on Wednesday 23 December, arraigned two brothers, Okwuchukwu Olisaebuka Eze and Nnadozie Onyeka Eze for stealing N1.5billion from billionaire Arthur Eze.

Charged with the two accused were their companies.

While Olisaebuka and Berlus Resources Ltd were docked on a 14-count charge, Onyeka and DYM Integrated Service Limited were slammed with a 17 counts.

The EFCC did not state whether Olisaebuka and Onyeka are blood relations of Arthur Eze.

The two men and their companies were docked today before Justice Binta Mohammed of the Federal Capital Territory High Court, Maitama, Abuja on two separate charges.

Olisaebuka, who was an administrative officer with Prince Arthur Eze, is alleged to have stolen and converted to personal use the sum of N804,360,216 and $3,309,359.

Justice Mohammed, after studying the application and the accompanying affidavit, granted Olisaebuka bail in the sum of N10 million.

Olisaebuka will also provide one surety in like sum, who must be a civil servant on Grade Level 14 with copy of last promotion letter submitted.

Also, he must be resident in the Federal Capital Territory (FCT).

The case was adjourned till January 26, 2021 for commencement of trial.

Also, the case of theft brought against Eze Nnadozie Onyeka and DYM Intergrated Services Ltd, was adjourned till January 26, 2021 for commencement of trial, after the court admitted the defendant to bail in the sum of N20 million

Onyeka was also asked to produce two sureties, who must be civil servants of not less than Grade Level 14.

The sureties must work and reside in the Federal Capital Territory and must present copy of their last promotion letters for verification.

Onyeka and DYM Integrated Resources Ltd pleaded ‘not guilty’ to the charge of stealing N769 million and $845,700.

Arthur Eze and the two brothers Olisaebuka and Onyeka Eze.



– PMNewsNigeria

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

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