Abuja—More details have emerged following the recent announcement by the Economic and Financial Crimes Commission (EFCC), declaring the CEO of Baraza Multipurpose Co-operative Society, Arch. Miebi Bribina and his wife, Mrs. Beatrice Bribina wanted.
The couple was on Thursday, declared wanted by the anti-graft agency for alleged crimes of conspiracy, obtaining money by false pretence, money laundering and Ponzi Scheme to the tune of N2billion naira.
In a chat with our reporter, a source close to the couple, who craved anonymity, because he was not directed to speak, stated that the claims by the EFCC are completely false.
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The source averred that Baraza is a Multipurpose Co-operative Society and has never operated a Ponzi in any way.
“The Commission never invited Miebi or his wife and has no locus standi for declaring him wanted which is not the standard operating procedure of the commission as required by law.
“The illegal sealing of Miebi’s properties will also be challenged in a court of law, ”the source revealed.
The source alleged that the EFCC is engaging in sensationalism to make people perceive that they are working when they are not.
Mangrovepen.ng recalls that Baraza has been having a running battle with its members over its inability to meet the agreed financial obligation.
Acting on petitions written to it, the EFCC in 2021 sealed the corporate headquarters of the organization in Yenagoa.
But in a bid to placate its members, the organization launched a scheme where members will be allocated plots of lands in exchange for their money.
