Nigeria, Jan. 30 -- After quizzing them between May and September last year, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) charged two individuals and their companies with fraud and money laundering in a series of contracts awarded by the Tertiary Education Trust Fund (TETFund), PREMIUM TIMES reported.

In separate cases filed at the Federal High Court in Abuja, the ICPC accused them of fraudulent diversion of funds meant for the execution of multi-billion-naira training contracts awarded to them by the agency.

The contractors are Paul Chukwuma, the Managing Director and Chief Executive Officer (CEO) of the Fides Et Ratio Academy Ltd and Adedeji Ladipo, the Managing Director and the CEO of Pole Global Mar...