Popular Nollywood movie producer, Ifeanyi Onyeabor, was, on Tuesday, ordered to be remanded in prison over alleged $50,000 fraud. Onyeabor was arraigned by the Economic and Financial Crimes Commission (EFCC) on a seven-count charge bordering on stealing and fraudulent conversion of money.
The 40-year-old producer was alleged to have collected a total sum of $50,000 from Steve-James Nigeria Limited in December 2008, for the purpose of producing two movies entitled; “Young Amazon” and “Tribes.”In the charge sheet, the EFCC alleged that Onyeabor, with intent to defraud, stole and fraudulently converted $12,000 property of Steve-James Nigeria Limited entrusted to him for the production of the movies.
Other charges also explained how the accused, on different occasions, allegedly received amounts ranging from $3000 to $20,000 from the complainants for the said production.
The EFCC prosecutor alleged that Onyeabor, who is the Managing Director of Igo Motion Pictures International, after collecting the money, failed to produce the movies and diverted the money for other personal uses.
Producer Onyeabor pleaded not guilty when the charge sheet was read to him. Justice Abiru fixed July 11 for the hearing of his bail application
Source :Africamovies
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