The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) has arraigned Mr. Samson Davies, alongside his firm, Signature Advisory Limited, on a one-count charge of stealing the sum of N190,791,494 from Ronchess Global Resources Plc, a construction company.
The suspect was arraigned before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.
The development was disclosed in a statement by the EFCC on Tuesday.
According to the Commission, the defendants allegedly converted the said sum belonging to Ronchess Global Resources Plc, thereby committing theft in contravention of relevant laws.
The charge reads:
“That you, Samson Davies and Signature Advisory Limited, sometime between October 2022 and October 2023, in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to your own use the aggregate sum of N190,791,494 (One Hundred and Ninety Million, Seven Hundred and Ninety-One Thousand, Four Hundred and Ninety-Four Naira), property of Ronchess Global Resources Plc.”
“One of the sureties must own landed property in Lagos, and the defendant is to submit his international passport to the court. The sureties must also provide evidence of tax clearance,” the judge held, according to the EFCC statement.