Police Recover $75000 from Air Nigeria’s Former Staff

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Air Nigeria

Air Nigeria

The management of Air Nigeria yesterday said the Special Fraud Unit (SFU) of the Nigeria Police has recovered $75,000 of the $100,000 allegedly diverted from it’s account by its former Executive Director (EDF), Finance (Mr. John Nnorom) who was recently sacked from the company.

Air Nigeria in a statement said, “We also wish to use this medium to clarify our relationship with the sacked EDF and the issues that led to his sack. It was discovered sometime in March, this year, that the EDF was using his position to short-change the company in its financial transactions.

“He was specifically found to have attempted to defraud the company of $300,000 in a particular transaction with a Bureau De Change (name withheld, where investigation revealed that he is the Director), which he personally introduced to the airline. The company managed to prevent the theft of the entire sum, but not until after he had successfully siphoned $100,000 US Dollars.”

Air Nigeria said after Nnorom subsequent and mandatory sack by the Board of Directors, the company commenced the process of recovering the stolen money by lodging a case against him with the Special Fraud Unit (SFU) of the Nigeria Police, at Ikoyi, Lagos.

It said the effort led to the recovery of $75,000 of the money, “a fact that can be independently verified from the SFU.  We are also taking further lawful steps to recover the outstanding balance.”

In : Business

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