✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Oil theft: Don, 1 other charged with N34m fraud

A 74-year old Professor, Yusufu Ameh Obaje, and a 39-year old business woman, Sanni Abimbola Olive, have been arraigned before a Federal High Court, Lagos,…

A 74-year old Professor, Yusufu Ameh Obaje, and a 39-year old business woman, Sanni Abimbola Olive, have been arraigned before a Federal High Court, Lagos, over offences bordering conspiracy, theft and obtaining N34 million from an oil and gas servicing firm. 

The police told the court that the accused obtained the money in two tranches of N27m and N7m to finance a contract awarded by the Nigerian National Petroleum Company (NNPC) to Golden Bimby Nigeria Limited/Sanni Abimbola Olive.

The police said that the documents relating to the contract and landed property used as collateral for the credit facility were forged.

Spokesman of the Police Special Fraud Unit (PSFU), Eyitayo Johnson, told newsmen that, “The accused have been charged to the Federal High Court, Lagos, on a three-count charge.”

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.