Hillary Ejechi, and one Happy Eguakun working with Eco bank PLC Nigeria were arrested by the Police for attempting to diver‎t a project fund of Obanliku Local Government Area (LGA) of Cross River State.

The fund, whose amount was undisclosed, was deposited by the LGA in an Ecobank account number 0339007306 bearing the name Obanliku Local Government ‎Project.

According ‎to the police, the charges contravene Sections, 409, 363 (1a), 378 (1) and 323 (1) of the Criminal Law of Lagos State, 2011.

Ejechi, 27, and Eguakun, 42, from Delta State but resident in Lagos, were alleged to have committed the offences along with others who are at large, sometime last month.

Happy Eguakun was on the pretext that he worked with the council and was a signatory to the account got arrested by the police when he went for Withdrawer.

Ejechi, who he met sometime in July, and who worked at the branch was reportedly waiting to receive him.

Unknown to them, the council had been tipped off of an imminent fraud on the account and had alerted the police which had men on standby.

The duo were subsequently arrested by the police team from the Ikoyi Division in Lagos led by Sergeant Damian Ojuinyi.

The suspects were arraigned before Mrs. O. M. Ajayi of an Igbosere Magistrates’ Court on five counts bordering on forgery and impersonation.

Three of the counts against them read: “That you, Happy Eguakun and Hillary Ejechi‎ and others at large, in July 2016, at Eco Bank Plc, in the Lagos Magisterial District, did conspire among yourselves to commit felony to wit: impersonation, forgery and unlawful possession

The case was adjourned till August 16.