Two men, David Nwachukwu and Frank Okeke along side their company, Haulage Oil and Gas Limited and Franviok have been arraigned by the Economic and Financial Crimes Commission (EFCC), before a Lagos High Court, on a 14-count charge of conspiracy to steal, stealing and fraudulent diversion of funds.
Reports say the two accused persons allegedly failed to remit rentals of over N2 billion to the petitioner, Lecon Financial Services Limited.
In the 14-count charge, the EFCC prosecuting counsel, Mr Rotimi Oyedepo, accused the two managers and their companies of converting to their personal use the sum of N197,776,420, sometime between January, 2013 and December, 2013.
The sum was said to have form part of rentals accrued to Leasing Company of Nigeria Limited (Now LECON Financial Services Ltd) from the use of their trucks to provide haulage services for Eterna Oil Plc.
The two men were also accused of converting to their personal use the sum of N158,721,830 which forms part of rentals accrued to Leasing Company of Nigeria Limited (Now LECON Financial Services Ltd) from the use of their trucks to provide haulage services for Lafarge Cement WAPCO Nigeria Plc.
The accused men, however, pleaded not guilty to the charges. In view of the plea of the accused persons, Mr Oyedepo asked for a trial date and urged the court to remand the accused persons in prison custody.
However, counsel to the first accused, Mr Taiwo Taiwo told the court that he had filed an application for bail and urged the court to let him move his application. He also, urged the court to remand his client in the EFCC custody for easy accessibility.
Counsel to the second, third and fourth accused persons in the matter, Mr K. Bello aligned himself with the submission of Mr Taiwo.
Justice R.I.B. Adebiyi adjourned the case till October 20, 2015 for hearing of the bail application and ordered the accused persons be remanded in EFCC custody.
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