Nigeria, March 2 -- The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned a Dutch, Peiter Borremans, and his wife, Nkechi Borremans, on fraud charges involving $330,000.

They alleged that the defendants received the money, equivalent to about N125.7million at official exchange rate, for the sale of a marine tanker vessel which they were said to have failed to deliver to the buyer.

The commission said in a statement that the duo was arraigned alongside their firm, Lagon Trade Limited, on two counts of conspiracy and obtaining by false pretence.

According to the statement, the defendants pleaded not guilty when the charges were read to them before E. A Obile of the Federal High Court, in Port Harcourt, Rivers State.

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