EFCC Arrests Sales Representative Over Alleged ₦70m Fund Diversion

The Economic and Financial Crimes Commission (EFCC) has arrested a sales representative of Prince OJ Global Services Limited over alleged financial misconduct involving the diversion of company funds.

According to the anti-graft agency, the suspect allegedly diverted a total of ₦70,030,450 while carrying out official duties. Investigations revealed that part of the diverted funds was used to purchase a parcel of land.

In a statement issued on Monday, the EFCC disclosed that the sales representative was arrested alongside a Point of Sale (POS) operator identified as Ibekwe Izuchukwu Emmanuel and Miracle Onyekachi Nnaji.

The commission said the company petitioned the EFCC after discovering that millions of naira were unaccounted for, with the alleged diversion traced back to 2023.

“An internal investigation conducted by an external auditor engaged by the company revealed that the sales representative allegedly diverted the funds for personal use,” the statement said.

Further investigations by the EFCC showed that Emmanuel allegedly conspired with the POS operator, Nnaji, who reportedly provided his POS account details to facilitate the diversion of the company’s funds.

“Discreet investigations revealed that the suspect connived with the POS operator, who supplied his POS account details through which the funds were diverted,” the EFCC added.

During interrogation, the EFCC said Emmanuel admitted to using part of the money to purchase a plot of land in Enugu State. He also claimed to have refunded ₦15 million in mid-2025 after an external audit uncovered discrepancies in his sales records.

“I refunded about ₦15,000,000 when my employer engaged an external auditor who discovered the missing transactions,” the suspect was quoted as saying.

The EFCC stated that both suspects will be charged to court upon the conclusion of investigations.