N299.86m Fraud: Trial of OBD Petroleum, others fixed for Jan. 26

The trial of a limited liability company, OBD Petroleum Limited and seven others for allegedly defrauding a new generation bank of the sum of N299.86m could not proceed today due to the absence of the first defendant, Obinna Michael and OBD Petroleum Limited. When the matter came up for hearing today , it was observed , Obinna and OBD Petroleum Limited and their counsel were not in court forcing the prosecutor, Mrs Kehinde Bode- Ayeni to ask that the case be adjourned till further date. Consequently, the trial judge, Justice…

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Police charge 12 to Court for swindling UBA N139.8m

The Special Fraud Unit (SFU) of the Nigeria Police Force (NPF) Ikoyi-Lagos, have charged 11 persons and a limited liability company, before a Lagos Federal High Court, Lagos, for allegedly defrauding United Bank Plc (UBA) of the sum of ┬áN139. 860 million. Those accused of swindling UBA of the said sum are: Obinna Michael Umeanor, Lanre Smith, Bashir Adamu Gusau, Ogugua Anthonia and a company, Synergy Mineral Resources Limited. Others include: Afanga Leonard Wodar, Samson Egbuwoku, Ilolo Ogho Gift, Isaac Okorodudu, Nwachukwu Loveth, Bandy Onikoyi and Judith Okorodudu. SFU in…

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