The Economic and Financial Crimes Commission (EFCC)on Tuesdayarraigned a Bureau de Change operator from Mubi, Adamawa State, Isa Abdulkarim, before Justice I.B Gafai of the Federal High Court, Awka, Anambra State on a four-count charge of obtaining the sum of N20.650 million under false pretences.

Abdulkarim’s troubles started sometime in November 2017, when he falsely represented himself as being capable of purchasing an equivalent of N20.6m in Cameroonian CFA from the complainant’s client but absconded with the money to the Republic of Chad without purchasing the said foreign exchange.

He was arrested after efforts in retrieving the said money failed. However, investigations revealed that the money was actually transferred to his Diamond Bank account.

Abdulkarim pleaded not guilty to the charges when they were read and interpreted in Hausa language to him, prompting his counsel, C.N Ekwueme, to move for the ‎bail of his client. But the court rejected the oral application.

Justice Gafai, adjourned the case toMay 25, 2018,for hearing on the matter. He remanded the defendant in prison custody.