Nine arraigned for N300 million petroleum theft

Nine petroleum thieves have been arrested and arraigned on a two-count charge before an Igbosere Magistrate court yesterday by the Operatives of the Special Fraud Unit, SFU, at Milverton Street, Ikoyi, Lagos for stealing 3.4million litres of AGO product valued at N300million.
One of the charges reads: “That you Captain Nicholas Okotie, 45, Jeffrey Achibong, 46, Sunday Igbudu, 43, Joseph Wilson a.k.a. Let Them Say, 31, Gift Efe, Andrew Ohiaze, 38, Raji Danimoh, 42, Doupere Nikade, 60, and Olawale Atobatele, 46, on 18 August, 2012, at Lagos outside bar (shore line) in the Lagos magisterial district, did conspire with Prince John Akoto and Gbenga Olagoke, who are still at large to steal 3000 metric tons of (3.4 million litres) of AGO valued at N300 million.”
The prosecuting counsel,SP Asuquo Effiong, emphasized that the offence committed contravenes sections 409 and 285 of the Criminal Laws of Lagos State of Nigeria which the defendants pleaded not guilty.
However, the Magistrate,Mrs. Badejo Okunsanya admitted them on bail in the sum of N200,000 each with two sureties in like sum who must show proof of tax payment to the Lagos State government and adjourned the case till 12 November 2012.
The defendants were remanded at Ikoyi Prison pending when they would be able to perfect the bail conditions before the court closed for the day.
DailyPost