Friday 30 April 2010

Finance Boss Of Bust Housing Association Still On Run


Police are still hunting the former finance boss of the UK's largest and oldest black housing association - on the run for an alleged £200,000 fraud plot.

George Avwunu, 50, of Smithams Down Road, Purley, Croydon is the ex chief finance officer of Ujima Housing Association, which went bust two years ago.

From 2006-2008 Ujima received £47m from the Housing Association's national affordable housing programme.

He was probed by Metropolitan Police detectives investigating a plot between Avwunu and others swindle the organization which provides affordable housing.

Avwunu was arrested on March 19, 2008 on suspicion of money laundering and conspiracy to defraud Ujima.

He was bailed to return to a central London police station in May 2008 pending further enquiries, but fled.

The trial of two other defendants is due to begin in January next year.

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