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    MarketForces Africa » MarketForces News » Oil Firm CEO Arraigns for Stealing Access Bank N4.4bn

    Oil Firm CEO Arraigns for Stealing Access Bank N4.4bn

    Marketforces AfricaBy Marketforces AfricaSeptember 28, 2023Updated:September 28, 2023 News No Comments2 Mins Read
    Oil Firm CEO Arraigns for Stealing Access Bank N4.4bn
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    Oil Firm CEO Arraigns for Stealing Access Bank N4.4bn

    The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned the Chief Executive Officer of Emee Oil And Gas Nig. Ltd., Florence Onojame, who allegedly defrauded Access Bank of N4.4 billion.

    Onojame appeared before an Ikeja Special Offences Court alongside her company, on a three-count charge of conspiracy, stealing and receiving fraudulently obtained property.

    The defendant, however, pleaded not guilty to the charge. EFCC counsel, Mr Fatai Mohammed, thereafter prayed to the court for a trial date and remand of the defendant. Mohammed told the court the defendant committed the offences with four others at large, sometime in February 2022 in Lagos.

    The counsel said that the defendant stole N4.4 billion which she fraudulently transferred via Primusplus, an electronic banking platform of Access Bank, using her company’s login details.

    He added that the defendant further transferred the sum into several accounts domiciled with the bank.

    The prosecution counsel further submitted that the defendant retained the control of N100 million in her Access Bank account with the name of her company and transferred the sum from Total Energy Nig. Ltd. account, knowing same to be proceeds of criminal activities.

    Defence counsel, Mr Williams Onate, however, informed the court that a bail application for his client had been filed before the court and served on the prosecution.

    “We will be praying for a short adjournment for hearing of the bail application and that the defendant be ordered to remain in the custody of the EFCC,” Onate said. According to EFCC, the alleged offences contravene Sections 278, 326 and 409 of the Criminal Law of Lagos State, 2015.

    Justice Mojisola Dada ordered that the defendant should be kept at the Ikoyi Correctional Centre, pending the hearing of her bail application. Dada adjourned the case until Oct. 10 for a hearing of the bail application. #Oil Firm CEO Arraigns for Stealing Access Bank N4.4bn

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