N7.3 Bn Fraud: Court To Rule on Bail Application July 17

Justice A.M Nicol-Clay of Lagos State High Court Igbosere, today adjourned ruling on the bail application of an official of Total Nigeria Plc Ejere Kelvin Chris and one Edoma Omagha, an account officer with International Fulfillment Services Ltd till July 17. The two defendants are facing a ten count charge bordering on oil fraud to the tune of N7.3 brought against them by the Economic and Financial Crimes Commission.

Justice Nicol-Clay had earlier fixed ruling on the bail application for today July 11, 2017. When the matter was mentioned, counsel to 1st and 2nd accused persons, Pekun Sowole and Gabriel Orban, moved their applications for bail on liberal terms, promising that the defendants would be available for trial and will not jump bail.

Prosecution counsel, Mohammed Idris opposed the bail application of the 1st accused. He drew the attention of the Court to the fact that Ejere had attempted to travel abroad to avoid prosecution before being arrested by the Commission. Idris prayed the Court not to grant Ejere bail while urging it to excise its discretion in respect of Omagha.

Ejere Kelvin Chris, Edoma Omagha, Kehinde Elliot Ogbor (at large), Danium Energy Services Ltd, Sibet Oil Services Ltd, Loveth Miyemi Ogbor (at large) and Rhombi Energy limited are being prosecuted on a 10 count charge bordering on conspiracy and forgery to the tune of N7.3b (Seven billion, three hundred million naira).

The accused persons who pleaded not guilty to the charge allegedly conspired and diverted a facility from a new generation bank meant to finance the purchase of automotive gas oil from an oil marketing company.

One of the counts reads:

That you , Ejere Kelvin Chris, Edoma Omagha, Kehinde Eliot Ogbor (at large), Danium Energy Services Limited (at large), Sibet Oil Services Limited (at large), Loveth Miyemi Ogbor (at large) and Rhombi Energy Limited (at large) sometime between the months of January, 2017 and February, 2017 at Lagos, within the jurisdiction of this honorable court, conspired amongst yourselves to dishonestly convert and steal the cumulative sum of N7.3 billion (Seven Billion, Three Hundred Million Naira) only.

The presiding judge, Justice Nicol-Clay after listening to both counsel adjourned the ruling on the bail applications to July 17, 2017 while the accused persons are to remain in the EFCC custody.

Source: EFCC Nigeria