FG arraigns businesswoman over alleged N2bn fraud

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The Federal Government has arraigned the Chairman and Managing Director of Famzhi Interbiz Limited, Mariam Suleiman, over allegations bordering on fraud to the tune of over N2 billion.

Suleiman was arraigned before Justice Inyang Ekwo alongside her company on a two-count charge.

She, however, pleaded not guilty to the counts.

The News Agency of Nigeria (NAN) reports that while Suleiman is the 1st defendant, the firm is the 2nd defendant in the case.

After taking the plea,  her counsel, Victor Giwa, informed the court that a bail application dated and filed on Nov. 1 was before the court.

He said the complainant had been served.

He said the application sought an order admitting her client to bail on self-recognisance or in such favourable and liberal terms as the court might in its discretion deem fit to make in the circumstances of this case, pending the final determination of the case.

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Source: Vanguard Newspaper

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