A Nigerian politician, Ambassador Wilfred Bonse, has been apprehended by the Nigeria Police Force (NPF) in connection to a security breach suffered by crypto exchange Patricia Technologies Limited. This development comes as Patricia defaults on its debt repayment schedule to customers following a $2 million exploit in 2022.

Former Nigerian Gubernatorial Candidate Implicated In Theft, Money Laundering

In a press briefing on November 24, Olumuyiwa Adejobi, Assistant Commissioner of Police (ACP), and the NPF Public Relations Officer shared an update on the investigation of a “complex financial fraud case” submitted in a petition by Patricia Technologies Limited to the Police. 

PRESS BRIEFING BY THE FORCE PUBLIC RELATIONS OFFICER, ACP OLUMUYIWA ADEJOBI ON ACHIEVEMENTS RECORDED BY THE NPF-NCCC

NPF-NCCC ARRESTS ONE WILFRED BONSE IN CONNECTION WITH PATRICIA SECURITY BREACH AND COMPLEX FINANCIAL FRAUD

Similarly, the NPF-NCCC has made significant strides…

— Nigeria Police Force (@PoliceNG) November 24, 2023

This petition highlighted several crimes, including alleged theft, unlawful conversion of assets in crypto wallets, and unsanctioned fund diversion from Patricia’s Flutterwave account.

Furthermore, Patricia’s petition also stated the names of specific suspects who are currently on the run. However, the NPF was able to apprehend one Amb. Wilfred Bonse, a Nigerian politician and former gubernatorial candidate in Cross River State in the last national elections.

Bonse admitted to his involvement in this financial crime, stating his bank account was used in the laundering of 50 million naira ($62,368.30) from the total of 607 million naira ($757,151.16) stolen from Patricia’s corporate account. 

Reacting to this development, Patricia’s CEO, Hanu Fejiro Agbodje,

Go to Source to See Full Article
Author: Semilore Faleti

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details