By Desire Emmanuel
A sales representative of a company who stole the sum of N70 million from the company has told operatives of the Economic and Financial Crimes Commission (EFCC) that he used part of the money to buy land and has refunded N15 million out of the stolen money.
The sales representative, Ibekwe Izuchukwu Emmanuel, a staff member of Prince O.J. Global Services Limited, was arrested along with an accomplice, Miracle Onyekachi Nnaji, a Point of Sales (POS) operator, by the operatives of the Enugu Zonal Directorate of the commission following a petition submitted by the management of the company.
According to reports, Emmanuel, while working as a sales representative of the company, “criminally diverted” the sum of N70.03 million belonging to the company and the theft was found out during an audit carried out by the external auditor hired by the company.
In the petition, the company disclosed that millions of naira were missing, tracing back to 2023 and internal investigations by the external auditor showed that the sales representative diverted the money for his personal use.
However, more investigations carried out by the EFCC showed that Emmanuel connived with Nnaji to divert the money, as the POS operator provided him with his account details with which the company’s funds were diverted.
According to the anti graft agency in a statement on the matter issued on Monday, February 9, during his interrogation, Emmanuel admitted that he used part of the money to purchase a plot of land in Enugu.
He was quoted as saying: “However, I have refunded about N15 million sometime in the middle of 2025 when my boss brought an external auditor and found the missing transactions in my sales book.”
Emmanuel and Nnaji were said to have given more useful information to the operatives and they are expected to be charged to court at the conclusion of the investigation.
