The Economic and Financial Crimes Commission on Thursday arraigned Petro Union Oil and Gas Limited and four of its directors over an alleged scam of £2,159, 221, 313.
The Economic and Financial Crimes Commission on Thursday arraigned Petro Union Oil and Gas Limited and four of its directors over an alleged scam of £2,159, 221, 313. 54 involving purported construction of three refineries and a petrochemical complex in the country.
The EFCC, in the charges, alleged that the defendants “fraudulently procured a Barclays Bank cheque, dated 29th December, 1994 in the sum of £2,556,000,000.00 made payable to Gladstone Kukoyi and Associates, purporting the said cheque to be meant for foreign investment in the construction of three refineries and a petrochemical complex in Nigeria, when you knew that the said cheque to be false.
According to him, the defendants acted contrary to Section 1 of the Miscellaneous Offences Act, Laws of the Federation of Nigeria, 1990 and were liable to be punished under same law. The other suspects, whose ages range between 16 and 48 years, are Abiodun Ojo, Lawal Ahmed, Adedeji Olatunbosun, Adeniyi Ramon, and Oladipupo Oluwatobilola.
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