Police Arraign 4 Men Over Alleged N42m Fraud, Issuance Of Dud Cheques

Police Arraign 4 Men Over Alleged N42m Fraud, Issuance Of Dud Cheques

Four men were today rearraigned before a Lagos Federal High Court, on alleged offences bordering on conspiracy, N42 million fraud, obtaining by false pretence and issuance of dud cheques, by the men of Police Special Fraud Unit (PSFU) Ikoyi, Lagos.

The four men brought before Justice Chukwujekwu Aneke, are: Gabriel Adeniran, 63; Pummel Olubukola Emmanuel, 54; Quadri Sikiru Olalekan, 58 and Momodu Aleye Joshua 42.

In the amended charge marked FHC/L/384c/2019, dated March 5, 2020, PSFU through its prosecutor, Mr. Justin Enang, alleged that the four men sometimes in August 2019, conspired among themselves and fraudulently obtained the sum of N42 million, from a limited liability company, Adeemen Nigeria Limited, with the pretence that they have 200 metric tonnes of Nigerian National Petroleum Corporation (NNPC) approved Automated Gas Oil (AGO) popularly called diesel, to deliver to Aiteo Tank Farm.

They were also alleged to have fraudulently obtained some documents, which include; cargo documents for Leon Herc, Master Receipt, Bill of Lading, Cargo manifest and Allocation of products, which they used in defrauding their victim.

PSFU further alleged that the four men fraudulently issues two dud First City Monument Bank (FCMB) cheques, with number 31238663 and 31238667, with sum of N43.4 million, to one Mr. Oladimeji Rufus, which were rejected upon presentation for cash.

The offences according to Mr. Enang, are contrary to Section 8 (a), 1(1) (a), 5 (1) and (2)of the Advance Fee Fraud and other Fraud Related Offences Act, 2006 and punishable under section 1(3) and 8 (b) of the same Act. 

Enang also told the court that the offence contravened section 1(1) of the Dishonoured Cheques Act, Cap D11, Laws of Federation of Nigeria, 2004. 

But the defendants denied the allegations and pleaded not guilty to the charges.

Upon the defendants’ not guilty plea, their counsel, who includes Chief Abdullahi Tony Daniya and A. Jimoh, moved their application for bail.

Consequently, Justice Aneke, adjourned the matter till February 15, for their ruling on their bail and ordered that the defendants be remanded

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