The Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arraigned Mr. Kanu Ifesinachi Tenison, CEO of Vikan Integrated Services Nigeria Limited, before Justice P. M. Ayua of the Federal High Court in Port Harcourt, Rivers State, on multiple fraud allegations.
According to EFCC spokesperson Dele Oyewale, Tenison and his company, the first and second defendants respectively, face 11-count charges that include criminal breach of trust, forgery, alteration, and obtaining money under false pretenses.
Tenison pleaded “not guilty” to all charges. Following his plea, prosecution counsel K. U. Odus requested a trial commencement date and asked that Tenison be remanded in prison custody. In contrast, defense counsel G. Christopher informed the court of Tenison’s pending bail application and requested bail to enable him to prepare for his trial.
Justice Ayua ordered that Tenison be remanded in the custody of the Nigeria Correctional Service in Port Harcourt and adjourned the case until June 20, 2024, for the bail application hearing.
Trouble began for Tenison when the petitioner alleged in December 2023 that Tenison had approached him for $11,700, claiming he needed the money to secure a contract from Nigeria Liquefied Natural Gas Limited (NLNG) for his company. The petitioner agreed to lend the sum based on an agreement that Tenison would repay N3,750,000 upon the contract’s execution and payment by NLNG.
However, Tenison did not honor the agreement, and all efforts by the petitioner to recover his money were unsuccessful.
