$49.9m Fraud: EFCC Seizes Onyema’s Passport

The Economic and Financial Crimes Commission (EFCC) has allegedly held on to the passport of Allen Onyema, chief executive officer of Air Peace, over alleged bank fraud and money laundering in the US.

Naija News leanrt that the country’s antigraft agency revealed that  Air Peace boss, s passports will remain with them pending the continuation of the investigations

It Will be recalled that earlier last month, US authorities had said Onyema moved more than $20 million from Nigeria through US bank accounts in a scheme involving false documents based on the purchase of aeroplanes.

Onyema was indicted alongside Ejiroghene Eghagha, the airline’s chief of administration and finance, who is said to have committed aggravated identity theft in connection with the scheme.

A US court was also reported to have issued a warrant to arrest Onyema and authorized US marshals service to bring him into custody. According to news reports, the fate of the Air Peace boss and Eghagha hangs on the Mutual Legal Assistance Treaty (MLAT) between Nigeria and the US.