An Ikeja Special Offences Court on Thursday remanded a man, Adeleye Fayose for alleged N66.5 million oil fraud.
Fayose was arraigned by the Economic and Financial Crimes Commission (EFCC), alongside his company, Brooks and Knight International Ltd on a three-count charge bordering on obtaining money under false pretences and stealing.
The defendant, however, pleaded not guilty to the charge.
Justice Mojisola Dada remanded the defendant in Ikoyi Correctional Centre pending hearing of his bail application.
She adjourned the case until Dec.19 for hearing of bail application.
The defence counsel, Mrs Chineye Udeh, informed the court of an application for the bail of the defendant.
Following his not guilty plea, the EFCC counsel, Mr Samuel Daji requested for a trial date to prove the allegation against the defendant.
The prosecutor alleged the defendant obtained the sum of N66,5 million, property of GOSL Nigeria Ltd on the pretext that MV Primus was Shell pre-mobbed, a representation he knew to be false.
Daji told the court that the defendant committed the offences on Aug. 9 and 10, 2018 in Lagos.
The prosecution also submitted that the defendant stole the money from GOSL Nigeria Ltd.
According to the prosecutor, the alleged offences contravened Sections 278, 285 (1)(8) of the Criminal Laws of Lagos State 2015 and Section 1(3) of the Advanced Fee Fraud and Other Fraud Related Offences, 2006
