The managing director of Kennimus Oil and Gas Limited, Kehinde Akintoye has called on the Inspector General of Police, Mr. Solomon Arase to investigate the circumstances surrounding the case of ‎fraudulent oil deal‎ which he brought against some culprits and at the end he was turned from complainant to suspect.‎
Akintoye, in the petition dated January 11, 2016 and signed by his counsel, Lawrence Oiseomoje, is asking the police boss to investigate the role played by one Kunle Bada with active involvement of some officers of the Nigeria Police, including a retired commissioner of Police Mr Walter Raghere Joseph in the saga.
Akintoye in the five pages petition made available to the press is calling on Arase to investigate the circumstances leading to the curious striking out of a criminal charge filed by the Special Fraud Unit (SFU) of the Nigeria Police against Bada before Justice Ibrahim Buba of the Federal High Court in Lagos without his consent.
Giving details, Akintoye said sometime in 2013, Bada approached him with a business deal to the effect that Walter Joseph, the retired Police Commissioner was desirous of getting 33,000 litres of diesel supply in Akure, Ondo State and appealed that the terms of the contract shall be that the payment of the petroleum product supplied shall be made a few days after delivery.
Akintoye stated that to secure his interest; he insisted that since the Local Purchase Order (LPO) in respect of the transaction was not written in his company’s name, a form of assurance be given to him, hence a Guaranty Trust Bank (GTB) cheque of N5, 610,000.00 with cheque ‎no. 058015516 dated March 26, 2013 was purportedly issued by the said retired Commissioner of Police to him.
He added that on the strength of the cheque, the product was supplied to the designated filling station in Akure, but that on the due date, the said cheque was returned upon presentation at the bank owing to the fact that it was a dud cheque.
Akintoye lamented how he has been summoned to Police headquarters in Abuja twice where he met with Walter who neither accepted nor denied issuing the dud cheque before the police hierarchy.‎
He maintained that the police is asking him to return the dud cheque to Bada and also to return the draft collected through one of his colleagues, Kunle Oni.
He added that the police has surprisingly turned the case against him.‎
While alleging ‎unprofessional investigation conduct by the Police at PSFU and X SQUAD FCIID, Akintoye is appealing to the Inspector General of Police to use his good office to see that justice is done in the matter.‎
 He is also calling for immediate stalling of the purported investigation by X Squad led by DCP C Aniekwe.‎
Meanwhile, the Zonal chairman of National union of petroleum and Natural Gas, (NUPENG) Alhaji Tokunbo Korodo has confirmed the business deal between his members saying that Bada will be suspended from the association if he fails to pay Kennimus the debt and warned other members to stop the fraudulent act.  ‎
But when contacted for reaction, a top official of the Police at the SFU said it was not true that the case was not properly investigated. 
He also denied the allegation that the SFU caused the criminal charge against Bada to be struck out in curious circumstances by Justice Buba.‎
He claimed that Akintoye’s absence in the court proceedings made the judge to strike out the case.‎
But Akintoye who denied being absent from court explained that the O C Legal confessed in Abuja that he has gone to court to strike the case out.

‎