BETTING NIGERIA Man steals company’s N20m, spends it on sports bet 5 months ago Szarlot Post Views: 153 Economic and Financial Crimes Commission has arrested Emmanuel Chigozie Eze for allegedly stealing over 20 million naira from his employers. The 35-year-old who is the Head of Sales for Procter and Gamble company, during interrogation, claimed to have spent the money on online sports betting. He was arrested along ‘K-Line area’ of Ewet Housing Estate in Uyo, Akwa Ibom state, following a petition. The petitioner alleged that Eze used his position as Head of Sales for Procter and Gamble, to supply goods worth over N20m to customers and converted the same for personal use. According to the complainant, the suspect between March 2020 and January 2021, sold goods worth the said amount and fraudulently collected monies from various customers using his personal account rather than the company’s account. According to EFCC investigations, the suspect has a severe gambling problem as he spent over N4m placing bets on a daily basis with almost nothing to show for it. It was also discovered that between July and December 2020, the suspect received over N18m from one of the company’s major customers (name withheld) for goods, which were not fully delivered. According to the customer, she’s still expecting the balance of goods worth over N8m. Wilson Uwujaren the EFCC Spokesperson, said the suspect will be charged to court as soon as investigations are concluded. Source: guardian.ng About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: gambling problem, Nigeria, sports betting Continue Reading Previous South African match-fixing ring infiltrates Uganda, 13 suspendedNext NCC begins USSD pricing regimes for banks and betting services More Stories BETTING SOUTH AFRICA Betway Joins Forces with PSL to Champion Safer Gambling in South Africa 13 hours ago Szarlot NIGERIA ONLINE The Rise of Mobile Online Gambling in Nigeria 13 hours ago Samuel NIGERIA ONLINE How Can Nigeria Improve Its Sportsbook Operations? 2 days ago Samuel BETTING KENYA African Nations Shaping the Continental Sports Wagering Scene 2 days ago Szarlot BETTING KENYA Gambling firm appeals against order banning use of speed dial features 2 days ago Samuel BETTING NIGERIA How Tips180 Is Changing The Prediction Game 2 days ago Samuel NIGERIA ONLINE Nigeria and the USA Forms Alliance to Fight Cryptocurrency Crimes 3 days ago Szarlot BETTING KENYA Sunbet Sporting Site Set To Disrupt Africa’s Betting Industry 4 days ago Samuel BETTING ZAMBIA 1xBet sponsors Zambia national team at the IMMAF World Championships 4 days ago Iwo Bulski NIGERIA ONLINE Navigating Online Gambling Regulations: A Nigerian Perspective 5 days ago Szarlot BETTING GHANA Popular Sports to Bet on in Ghana at Melbet 5 days ago Samuel EXPERTS NIGERIA Which Operators Secure Nigerian Sports Betting Licences 1 week ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.