News
Two Oil Firms’ Chiefs In Prison …Over N2bn Fraud
The Economic and Financial Crimes Commission (EFCC), has arraigned managers of two oil companies, David Nwachukwu and Frank Okeke alongside their companies, Haulage Oil and Gas Limited and Franviok before a Lagos High Court sitting at Igbosere Lagos State, on a 14-count charge of conspiracy to steal, stealing and fraudulent diversion of funds.
The accused persons were alleged to have failed to remit rentals of over N2 billion to the petitioner, Lecon Financial Services Limited.
In the said 14-count charge filed before the court by EFCC Prosecuting counsel, Mr Rotimi Oyedepo, stated that the two accused managers and their companies sometime between January, 2013 and December, 2013 in Lagos with a dishonest intent converted to their personal use the sum of N197,776,420 which forms part of rentals accrued to Leasing Company of Nigeria Limited (Now LECON Financial Services Ltd) from the use of their trucks to provide haulage services for Eterna Oil Plc”.
It was further alleged that “David Nwachukwu, Frank Okeke, Haulage Oil and Gas Limited and Franviok Limited sometime between January, 2014 and September 2014 with a dishonest intent converted to their own use the sum of N158,721,830 which forms part of rentals accrued to Leasing Company of Nigeria Limited (now LECON Financial Services Ltd) from the use of their trucks to provide haulage services for Lafarge Cement WAPCO Nigeria Plc.
The accused persons pleaded not guilty to the charges. In view of the plea of the accused persons, Mr Oyedepo asked for a trial date and urged the court to remand the accused persons in prison custody.
However, counsel to the first accused, Mr Taiwo Taiwo told the court that he had filed an application for bail and urged the court to let him move his application. He also, urged the court to remand his client in the EFCC custody for easy accessibility.
Counsel to the second, third and fourth accused persons, Mr K. Bello aligned himself with the submission of Mr Taiwo.
Justice R.I.B. Adebiyi adjourned the case till October 20, 2015 for hearing of the bail application and ordered the accused persons to be remanded in the EFCC custody.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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