{"id":9415,"date":"2021-03-16T21:44:23","date_gmt":"2021-03-16T20:44:23","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=9415"},"modified":"2021-03-16T21:44:23","modified_gmt":"2021-03-16T20:44:23","slug":"man-arrested-for-playing-sports-betting-with-n20m-company-funds","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/03\/16\/man-arrested-for-playing-sports-betting-with-n20m-company-funds\/","title":{"rendered":"Man arrested for \u2018playing\u2019 sports betting with N20m company funds"},"content":{"rendered":"<p>Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Emmanuel Eze a 35-year-old head of sales for Procter and Gamble company for allegedly embezzling over N20m company funds which he claimed to have spent on online sports betting.<\/p>\n<p>Mr Eze was arrested along \u2018K Line area\u2019 of Ewet Housing Estate in Uyo, Akwa Ibom State following a petition. The <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/03\/11\/abdulrazaq-unveils-kwara-united-new-jerseys\/\">petitioner<\/a> alleged that Eze used his position to supply goods worth over N20m to customers and converted same for personal use.<\/p>\n<p>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\u2019s account.<\/p>\n<p>The EFCC said its <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/03\/05\/goods-worth-millions-destroyed-as-fire-engulfs-onitsha-plastic-market\/\">investigation<\/a> revealed that the suspect has severe gambling problem as he spent over N4m placing bets on daily basis with almost nothing to show for it.<\/p>\n<p>It was also discovered that between July and December 2020, the suspect received over N18m from one of the company\u2019s major customers (name withheld) for goods, which were not fully delivered. According to the customer, she is still expecting the balance of goods worth over N8m.<\/p>\n<p>The EFCC said the suspect would be charged to court as soon as investigations are concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Emmanuel Eze a 35-year-old head of sales for Procter and Gamble company for allegedly embezzling over N20m company funds which he claimed to have spent on online sports betting. Mr Eze was arrested along \u2018K Line area\u2019 of Ewet Housing Estate in Uyo, Akwa [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":9422,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[3],"tags":[488,495,2688,2687,2689],"class_list":["post-9415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","tag-arrested","tag-man","tag-n20m-company-funds","tag-playing-sports-betting","tag-sports-betting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Man arrested for \u2018playing\u2019 sports betting with N20m company funds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/03\/16\/man-arrested-for-playing-sports-betting-with-n20m-company-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Man arrested for \u2018playing\u2019 sports betting with N20m company funds\" \/>\n<meta property=\"og:description\" content=\"Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Emmanuel Eze a 35-year-old head of sales for Procter and Gamble company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2021\/03\/16\/man-arrested-for-playing-sports-betting-with-n20m-company-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" 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