Opinion/Feature | 27 November 2013 12:20 CET

EFCC Arraigns Pastor for N 40.2 million Fraud!

Source: Nollywoodgists.com

The Economic and Financial Crimes Commission, EFCC, on Thursday arraigned Rev. Kim David Pam before Justice Yargate B. Nimpar of the Plateau State High Court on a 9-count charge bordering on stealing, fraudulent misappropriation and criminal breach of trust.

The accused is said to have abused his position as Chairman of Goodliving Multi-purpose Cooperative Society and the sole signatory of the accounts domiciled in First Bank Nigeria Plc and Zenith Bank Nigeria Plc. Rev Pam pleaded not guilty to all the charges.

Count 5 of the charge reads, “that you Reverend David Kim Pam between the 23rd day of April 2012 and the 11th day of May 2012 through one James Pam misappropriated the sum of Eleven Million, Three Hundred and Fifty Eight Thousand, Five Hundred Naira (11,358,500.00) being money belonging to Goodliving Multi Purpose Cooperative Society domiciled at First Bank Nigeria Plc Jos Main Branch and thereby committed an offence contrary to section 308 of the Penal Code Law of Plateau state and punishable under section 309 of the same Act”.

In view of his plea, the prosecution counsel asked the court to fix a date for trial.

Counsel to the accused, Samuel Obende made an oral application for bail which was vehemently opposed by the prosecution citing the severity of the offence which attracts 5 years imprisonment in the event of conviction.

Justice Nimpar granted bail to the accused in the sum of N5 million with two sureties in like sum. One of the sureties must own a landed property in Bukuru area of Jos and must be a public servant not below the level of Director.

Justice Nimpar adjourned the case to December 9, 2013 for hearing.
-The Street Journal

© 2013 Nollywoodgists.com

Click the link below to go to...

12 Funny Observatio​ns In Nollywood Films

Emmy Collins Again! Thrashes Rukky Sanda, Omotola & Genevieve Nnaji's Red Carpet Outfits

Hubby breaks silence: Why Omotola can't cheat on me..."I can't forget the first day we made love"

Celebrity Birthday: Annie Macaulay Adds Another Year

BREAKING NEWS: FORMER ASUU PRESIDENT FESTUS IYAYI IS DEAD! …car crashes on way to ASUU meeting to call off strike

New Trend: Upcoming Actors In Nigeria Now Pay Nollywood Producers To Feature In Movies

Nollywood Stars Who Have Delved Into Politics

Flavour Moves Into Lekki Home

Other sites The Nigerian Voice