EFCC arraigns two businessmen, firms over alleged bank fraud
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned two businessmen at the Federal High Court, Lagos State over alleged financial fraud.
They were accused of delivering to a firm, Danium Energy Services Limited, the sum of N1.5 billion under a false pretense.
Also arraigned before Justice Oluremi Oguntoyinbo were two firms. The suspects were accused of causing some banks to believe that Total Nigeria Plc contracted Danium Energy Services Limited to supply 10, 000 Metric Tons of Automotive Gas Oil for the sum of N1.9 billion and therefore needed the fund to get it done.
Those arraigned on a 10-count charge were Ogbor Kehinde Eliot, Godwin Okoronkwo, Danium Energy Services Limited and Petrosol Energy Limited.
According to the charge, the defendants were also said to have conspired and defrauded the financial institutions.
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