A Lagos-based businessman, John Ibe Nnadozie, has been remanded in prison custody following his arraignment at the Igbosere Magistrate’s Court sitting at Tinubu over an alleged N11 million diesel fraud.
According to police reports, Nnadozie is accused of obtaining 9,167,000 litres of diesel valued at N11 million from Ajayi Segun, manager of Obededom Oil and Gas Limited, under the agreement that he would sell the product and remit the proceeds. However, he allegedly sold the diesel and diverted the funds for personal use before disappearing.
The case was brought to the attention of law enforcement following a petition to the Assistant Inspector General of Police, AIG Adegoke Fayoade of Zone 2 Command, Lagos. A subsequent investigation led to Nnadozie’s arrest.
He was arraigned on a three-count charge, including obtaining goods under false pretence, stealing, and providing false information. The charge, marked P/25/2025, was presented by Police Prosecutor ASP Jimoh Joseph, who informed the court that the incident occurred in March 2024 at 20, Oredayo Street, Agege, Lagos.
The prosecution noted that the offences contravene Sections 411, 314, 287, and 96(a) of the Criminal Law of Lagos State, 2015.
Nnadozie pleaded not guilty to the charges.
The magistrate granted him bail and adjourned the case, ordering his remand until he meets the bail conditions.
-Advertisement-
Grab our latest Magazine, "Kelechi Amadi-Obi - Transcending the worlds of Law, Visual Art and Photography". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
Download E-MagazineDo you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk
