Businessman arraigned for allegedly stealing ₦165 million from oil firm

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Businessman arraigned for allegedly stealing ₦165 million from oil firm
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Mr Williams and his company - Manhattan Corporate Essentials Ltd - were arraigned on a three-count charge of conspiracy and stealing.

The Economic and Financial Crimes Commission on Monday arraigned a businessman, Olumuyiwa Williams, before a Special Offences Court in Ikeja, Lagos, for allegedly stealing ₦165.2million from an oil company, Equitorial Energy Company Ltd.

“The defendants alongside Rotimi Ogundairo, Captain Edward Williams, Olayinka Iduda, Atlantic Finaplux Ltd and Jodaf Investment Ltd who are all at large in January 2017 conspired to steal money belonging to Equitorial Energy Company Ltd. Anselm Ozioko, counsel to the EFCC, objected to Mr Busari’s submission, noting that the defendant is a flight risk and should be remanded in custody.

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