An employee of Procter and Gamble has been arrested by the Economic and Financial Crimes Commission, (EFCC) for allegedly embezzling over N20m (Twenty Million Naira) company funds to play sports betting.

Emmanuel Chigozie Eze, Head of Sales for Procter and Gamble, was arrested by operatives of the Uyo Zonal Office of the EFCC along ‘K Line area’ of Ewet Housing Estate in Uyo, Akwa Ibom state, following a petition.

The petitioner alleged that 35-year-old Eze used his position as Head of Sales to supply goods worth over 20 million naira to customers and converted same for personal use.

According to the complainant, the suspect between March 2020 and January 2021, sold goods worth the said amount and fraudulently collected monies from various customers using his personal account rather than the company’s account.

It was gathered that the suspect has severe gambling problem as he spent over N4m placing bets on daily basis with almost nothing to show for it.

Investigations are still ongoing and the Eze will be charged to court once its concluded.