Friday, April 20, 2012

Nigeria: Air Nigeria recovers $75,000 from ex-Executive Director

The Special Fraud Unit (SFU) of the Nigeria Police has succeeded in recovering 75,000 US Dollars of the 100,000 US Dollars illegally diverted from the company’s account by our former Executive Director (EDF), Finance, Mr. John Nnorom, who was recently sacked from his position.
We also wish to use this medium to clarify our relationship with the sacked EDF and the issues that led to his sack. It was discovered sometime in March, this year, that the EDF was using his position to short-change the company in its financial transactions.
He was specifically found to have attempted to defraud the company of $300,000 US Dollars in a particular transaction with a Bureau De Change (name withheld, where investigation revealed that he is the Director), which he personally introduced to the airline.  The company managed to prevent the theft of the entire sum, but not until after he had successfully siphoned off $100,000 US Dollars.
After his subsequent (and mandatory) sack by the Board of Directors, the company commenced the process of recovering the stolen money by lodging a case against him with the Special Fraud Unit (SFU) of the Nigeria Police, at Ikoyi, Lagos. This effort led to the recovery of $75,000 US Dollars of the money, a fact that can be independently verified from the SFU.  We are also taking further lawful steps to recover the outstanding balance.
With the consequences of his actions staring him in the face, we quite understand his desperate attempts to exonerate himself by resorting to cheap blackmail and spreading false information about the airline.
While, it is not in our character to join issues with former staff of the airline, we are constrained, on this occasion, to make the necessary clarifications and to also inform all our customers, suppliers and vendors that Mr. John Nnorom no longer has a mandate to represent Air Nigeria.

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