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The police on Thursday arraigned the President of an oil firm, Masters Energy Oil and Gas Limited, Uche Ogah, and an ex-employee of the United Bank for Africa, Deji Somoye, before a Tinubu Magistrate’s Court, Lagos, for alleged fraud.
The oil firm and the bank were also joined in three counts bordering on forgery and conspiracy preferred against the defendants by the police.
The police said Ogah allegedly forged a Memorandum of Understanding between Masters Energy Oil and Gas Limited and Mut-Hass Petroleum Limited sometime in March 2011.
He and some other persons said to be at large were also accused of forging the signature of one Mrs. Bridget Adeosun.
The police also alleged that the bank aided Masters Energy Oil and Gas Limited to open an account in the name of Mut-Hass Petroleum to perpetrate a fraud without applying its internal control procedures in the opening of the account.
The defendants, however, pleaded not guilty to the charges and were admitted to bail in the sum of N200,000 each with one surety each in like sum.
The case was adjourned till August 4, 2016.
Source: PUNCH
The oil firm and the bank were also joined in three counts bordering on forgery and conspiracy preferred against the defendants by the police.
The police said Ogah allegedly forged a Memorandum of Understanding between Masters Energy Oil and Gas Limited and Mut-Hass Petroleum Limited sometime in March 2011.
He and some other persons said to be at large were also accused of forging the signature of one Mrs. Bridget Adeosun.
The police also alleged that the bank aided Masters Energy Oil and Gas Limited to open an account in the name of Mut-Hass Petroleum to perpetrate a fraud without applying its internal control procedures in the opening of the account.
The defendants, however, pleaded not guilty to the charges and were admitted to bail in the sum of N200,000 each with one surety each in like sum.
The case was adjourned till August 4, 2016.
Source: PUNCH
