Ex-Managing Director of MainStreet Bank Registrar Limited, Mr. Chester Ukandu has been remanded in prison over alleged forgery.
Chester Ukandu along with Mr. Achi George, a director of the company (MainStreet Bank Registrar Limited) have been remanded in prison custody for allegedly forging Corporate Affairs Commission (C.A.C.) documents.
The duo of Chester and Achi were ordered to be remanded by Justice O.A. Williams of the Special Offences Court, Ikeja after they pleaded not guilty to a three-count charge of conspiracy and forgery brought against them by the Economic and Financial Crimes Commission (EFCC).
The EFCC prosecutor, Mrs. Zainab Ettu disclosed that the suspects between February 6 and 7, 2012, conspired among themselves and forged the letter head paper of Mainstreet Bank Registrars Limited, with registration number: 613674, claiming that it emanated from Mainstreet Bank’s Registrars Limited.
Chester and Achi were also accused of forging a Corporate Affairs Commission (CAC) Form 2A, claiming that it emanated from CAC. The prosecutor informed the court that the two suspects, who were formerly Managing Director and Director of the company, had retired from the company, only to unlawfully convert the company’s properties and bank account with Skye Bank for personal use.
She also informed the court that Chester and Achi were apprehended after investigation was conducted on a petition written by the Company’s lawyer, Dr. Charles Mekwunye, after which they were consequently charged before the court.
Though, they pleaded not guilty to the three-count charge. Their Lawyer, Samuel Agwuh, following their plea informed the court that he had filed bail applications, urged the court to grant his clients bail in the most liberal terms.
However, the prosecutor consequently urged the court to remand Chester and Achi in custody pending when the bail applications will be heard. Ruling on the submissions of both parties, the presiding Judge, Justice O.A Williams has ordered that Chester and Achi be remanded in Ikoyi prisons till April 10, when their bail applications will be considered.