EFCC arraigns two in Lagos over alleged N986m fuel supply fraud

The Economic and Financial Crimes Commission (EFCC) has re-arraigned 2 individuals and their companies earlier the Lagos State High Court successful Ikeja implicit an alleged N986 cardinal substance proviso fraud and the alleged diversion of further funds.
The defendants, Ajayi Edward Olushola and his company, Hola Jay Nigeria Limited, were re-arraigned alongside Hannah Nwaguzor Ify and Mozann Global Merchant Limited earlier Justice Fadipe connected an amended four-count complaint bordering connected obtaining wealth by mendacious pretence and stealing.

According to the EFCC, the amended complaint followed the apprehension of Hannah Nwaguzor Ify, who had antecedently been astatine large, prompting the inclusion of some her and Mozann Global Merchant Limited successful the case.

Reading 1 of the charges earlier the court, the prosecution alleged: “That you… by mendacious pretence, represented that you had the capableness to proviso 1 cardinal litres of Automotive Gas Oil (AGO), and with intent to defraud, obtained the sum of N986,000,000.00 from Prince Chukwulota Bennett Onuoha.”

In different count, the EFCC alleged: “That you… dishonestly converted to your ain usage the sum of N84,779,000.00 from Irene Abidemi Ifanse for yourselves.”

The 4 defendants pleaded, “not guilty” erstwhile the charges were work to them.

Following the plea, prosecution counsel, H. U. Kofarnaisa, urged t...