Efcc arraigns kyari and sons owner for n99 million fraud

According to recent reports, the Economic and Financial Crimes Commission (EFCC) has arraigned the owner of Kyari and Sons, a popular electronics store in Abuja, before a Federal High Court in Abuja for allegedly defrauding a customer of N99 million.

The accused, one Mr. Kyari, was arraigned on a 10-count charge of fraud, including obtaining money by false pretence, forgery, and uttering of forged documents.

The EFCC alleged that Kyari and his company, Kyari and Sons, had on several occasions, between 2018 and 2020, obtained money from a customer, one Mr. Adebayo, under false pretences, promising to supply him with electronic gadgets, including laptops and smartphones.

However, the EFCC claimed that Kyari and his company failed to deliver the goods, despite receiving the payment, and instead, used the money for personal purposes.

The EFCC also alleged that Kyari forged documents, including invoices and receipts, to deceive the customer and make it appear as if the goods had been delivered.

The court, presided over by Justice Inyang Ekwo, has adjourned the case to October 25, 2022, for further hearing.

This is not the first time Kyari and Sons has been involved in a controversy. In 2020, the company was accused of selling fake and substandard electronic gadgets to customers, leading to a public outcry and calls for the company to be shut down.

It is important to note that Kyari and Sons has denied any wrongdoing and has claimed that the allegations against it are false and baseless.

The EFCC's action against Kyari and Sons is a welcome development, as it sends a strong message that the commission is committed to tackling fraud and protecting the rights of consumers.

It is also a reminder to businesses to operate with integrity and transparency, and to respect the rights of their customers.

In conclusion, the EFCC's arraignment of Kyari and Sons for alleged fraud is a significant step towards ensuring that businesses operate fairly and honestly, and that consumers are protected from fraudulent activities.