A Nigerian Youth Service Corps (NYSC) member is currently in the Kirikiri Prison after losing N3.5 million of his company’s funds to ponzi schemes MMM and Twinkas.
The company had ordered his arrest after he had embezzled the funds and failed to repay, following the crash of the MMM scheme.
He was represented in court by a colleague of his, Augustine Ukpo, who first noticed his disappearance after he missed a Community Development Service (CDS) meeting.
Ukpo said, per Naij,: “I was in court representing our Corper member colleague who was arrested and arraigned today before the Agbomalu Magistrate Court involved in N3.5 million embezzlement from his PPA (Place of Primary Assignment).”
“I earlier posted you guys that one (of) our Corper colleague(s) was arrested and arraigned yesterday. He is now in Kirikiri Medium Prison pending the perfection of his bail conditions. While interviewing the corper member, I noticed bruises all over his body evidence that he was beaten.”
“He was kept in police custody for more than 24 hours. These got me furious as a lawyer. Even though the corper agreed that he used the money for MMM and Twinkas, his fundamental right should not be compromised. In this vein, I shall be filing a fundamental right action against the employer of the corper.”