EFCC arraigns Bestworth’s director for alleged misappropriation of N10.2bn

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The Economic and Financial Crimes Commission (EFCC), on Thursday, arraigned a director of the defunct Abiodun Hassan before Justice Sylvanus Oriji of the FCT High Court, Apo, for alleged misappropriation of over N10.2billion.

Hassan was arraigned alongside his company, Bestworth Insurance Brokers Limited, on alleged misappropriation of fund.

In the charge, the prosecution alleged that the sum of N26.2billion was entrusted to the defendants by the Central Bank of Nigeria, , being an insurance claim for defunct Power Holding Company of Nigeria , the deceased and incapacitated staff.

 

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