Justice

The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned the duo of David Nwachukwu and Frank Okeke alonside two companies, Haulage Oil and Gas Limited and Franviok Limited, before Justice R.I.B. Adebiyi of the High Court of Lagos State, Igbosere, on a 14-count charge bordering on conspiracy to steal, stealing and fraudulent diversion of funds.

They were remanded in the commission’s custody.
The accused persons were alleged to have failed to remit rentals of over N2 billion to the petitioner, Lecon Financial Services Limited.

Some of the counts in the charges read: “David Nwachukwu, Frank Okeke, Haulage Oil and Gas Limited and Franviok Limited, some time between January, 2013 and December, 2013 in Lagos within the jurisdiction of this honourable court, with a dishonest intent, converted to your own use the sum of N197,776,420 which sum forms part of rentals accrued to Leasing Company of Nigeria Limited (Now LECON Financial Services Limited) from the use of their trucks to provide haulage services for Eterna Oil Plc.

“David Nwachukwu, Frank Okeke, Haulage Oil and Gas Limited and Franviok Limited, some time between January, 2014 and September, 2014 in Lagos within the jurisdiction of this honourable court, with a dishonest intent, converted to your own use the sum of N158,721,830 which sum forms part of rentals accrued to Leasing Company of Nigeria Limited (Now LECON Financial Services Limited) from the use of their trucks to provide haulage services for Lafarge WAPCO Migeria Plc.”

When the charges were read to the accused persons, they pleaded not guilty.
In view of their plea, the prosecution counsel, Rotimi Oyedepo, asked for a trial date and prayed the court to remand the accused persons in prison custody.

However, Counsel to the first accused, C. O. Taiwo, informed the court that he had filed an application for bail and prayed the court to accept his application. He also prayed the court to remand his client in the EFCC custody.
Counsel to the second, third and fourth accused persons, K. Bello, aligned himself to the prayers of first defence counsel.

Justice R.I.B. Adebiyi adjourned the case till October 20 for hearing of the bail application and ordered the accused persons to be remanded in the EFCC custody.

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