The Economic and Financial Crimes Commission has arraigned a Chinese national, Zhengjia Jin, in an Ikeja Special Offences Court on charges of bribery and fraud amounting to N301 million.
The EFCC brought Jin before the court on Thursday, accusing him of multiple offenses, including retention of stolen property, bribery, and theft.
According to EFCC prosecutor Ahmad Usman, Jin allegedly committed these offenses between March 5 and August 9 in Lagos.
Usman told the court that Jin, while working for Golden Diamond Industrial Manufacturing Company Ltd., received a total of N301 million in his Access Bank account.
The money reportedly came as kickbacks from vendors, violating his company’s code of conduct. Usman claimed that Jin “dishonestly retained” these funds for his own use, against the company’s rules.
The charges against Jin are based on several sections of the Lagos State Criminal Law. He pleaded not guilty to the charges.
Jin’s defense lawyer, Mr. A.C. Ezenduka, informed the court of a pending bail application, though EFCC prosecutors said they had not received it.
Justice Rahman Oshodi ordered Jin to be remanded at the Ikoyi Custodial Centre until his bail application hearing, which is set for November 22.
