Two males sentenced to 20 years imprisonment over $1million oil fraud in FCT [PHOTOS]

Justice Olasumbo Goodluck of the Federal Capital Territory (FCT) Excessive Courtroom, Abuja, on Friday, convicted and sentenced two males, Mahmud A. Mohammed and Ikechukwu Nkwocha-Philip to 10 years in jail every with out an possibility of high-quality for fraud.

Additionally convicted was an organization, Al-Maqarinaz Worldwide Restricted, belonging to Mohammed.

The three convicts have been arraigned alongside Globtec Assets Restricted (third defendant) by the Financial and Monetary Crimes Fee (EFCC), on a four-count cost, bordering on conspiracy and acquiring by false pretence to the tune of $1,000,000.00 (One Million US {Dollars}).

EFCC spokesman, Wilson Uwujaren, disclosed this in an announcement on Friday.

Rely three of the cost reads: “That you just Mahmud A. Mohammed being the Chief Government Officer of Al-Maqarinaz Worldwide Restricted, Ikechukwu Nkwocha-Philip, Joseph Idoko being the Chief Government Officer of Globtec Assets Restricted (now deceased) and others at giant someday in October 2013 in Abuja inside the Judicial Division of the Excessive Courtroom of the Federal Capital Territory did with intent to defraud, conspired amongst yourselves to acquire the sum of One Million United State {Dollars} ($1,000,000) from Ismaila Abdulgaffar, the Chief Government Officer of Emex Oil Ndawta Restricted beneath the false pretence of supplying him with Nigerian Bonny Gentle Crude Oil by way of MT AL Albar a declare you knew to be false and thereby dedicated an offence opposite to Part 8(a) of the Advance Price Fraud and Different Fraud Associated Offences Act 2006 and punishable beneath Part 1(3) of the identical Act.”

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All of them pleaded not responsible, prompting their trial with the prosecution counting on testimonies and proof of 5 witnesses to show its case.

In her, about three hours judgment in the present day, Justice Goodluck famous that the prosecution proved its case past cheap doubt towards the primary, second and fourth defendants. She additional held that there was overwhelming proof {that a} vessel, MT AL Albar was by no means loaded with Nigerian Bonny Gentle Crude Oil because the convicts claimed they might do for which they fraudulently collected $1,000,000.00 (One Million US {Dollars}) from their sufferer, Ismaila Abdugaffar, CEO, Emex Oil Ndawta Restricted.

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She discovered the convicts responsible on counts three and 4, attracting ten years imprisonment, which is to run concurrently, and dismissed counts one and two. The third defendant, Globtec Assets Restricted, was not convicted.

Other than the jail time period, the convicts are to refund the $1,000,000 proceed of crime to Emex Oil Ndawta Restricted whereas the third defendant is to refund the sum of $20,000.00 (Twenty Thousand US {Dollars}) that was initially paid by Emex Oil Ndawta Restricted to acquire a fiduciary account for it.

The convicts’ journey to jail started in 2016, when the sufferer, Ismaila Abdulgaffar, CEO of Emex Oil Ndawta Restricted petitioned the EFCC, alleging that he paid them a sum of $1,000,000 (One Million United State {Dollars}) for the acquisition of Nigerian Bonny Gentle Crude Oil, loaded on a vessel: MT AL Albar in October 2013 however might neither get the product nor his a refund.

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