Justice Mojisola Dada of a Lagos Special Offences Court has ordered the remand of a businessman, Adeleye Fayose in a correctional facility over an alleged ₦66.5 million oil fraud.
Fayose was arraigned by the Economic and Financial Crimes Commission (EFCC), alongside his company, Brooks and Knight International Limited on a three-count charge.
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.
The defendant pleaded not guilty to the alleged offence which bothers on obtaining money under false pretences and stealing.
Following his plea, the EFCC counsel, Mr Samuel Daji prayed the court for a trial date and asked for remand of the defendant in custody.
In her response, Mrs Chineye Udeh, counsel to the defendant, informed the court that she want to file an application for the bail of the defendant.
Justice Dada subsequently adjourned the case to 19 December 2022 for hearing of the bail application.
The prosecutor alleged that the defendant on 9th and 10th August 2018 in Lagos, obtained the sum of ₦66,5 million, property of GOSL Nigeria Limited on the pretext that MV Primus was Shell pre-mobbed, a representation he knew to be false.
The prosecution also submitted that the defendant stole the money from GOSL Nigeria Limited.