Nigeria, May 7 -- The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a man for N20 million cattle investment fraud.

The defendant, Andefiki Markus, pleaded not guilty to two charges of engaging in "false pretence".

Mr Markus denied the charges read to him before the Gombe State High Court, Gombe, on Tuesday.

EFCC said in a statement on Wednesday that he committed the crime on 27 June 2023, when he allegedly took N20 million from one Skeptra Useni Baka as purported investment into cattle fattening at Taraba State for profit.

EFCC alleged that the defendant knew the claim to be false, thereby committing an offence contrary to Section 1(1)(c) and punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud...