The Economic and Financial Crimes Commission (EFCC) on Friday arraigned a former depot supervisor of Total Nigeria PLC, for allegedly stealing petroleum products worth N285.2 million.
The accused, Emmanuel Abulude was arraigned alongside his company, Emmanbyink Ventures Limited. He was charged with stealing by fraudulent conversion.
The anti-graft agency prosecutor, Mr. Omeiza Adebola said that the accused had, between September 2011 and January 2012, obtained the sum of N285.2 million representing the proceeds of 92 trucks of petroleum products and being the depot supervisor at the Nigerian National Petroleum Corporation (NNPC) Depot, Mosimi, Ogun State, had failed to remit the amount to his employers.
According to the prosecutor, Abulude’s action contravenes Section 285 (9)(b) of the Criminal Laws of Lagos State 2011.
The accused pleaded not guilty to the charges, and the presiding magistrate, Justice Lateefa Okunnu, admitted him on bail in the sum of N20 million with two sureties in like sum who must show proof of tax payment to the Lagos State government.
She further ordered that the sureties must be gainfully employed and resident in Lagos State, adding that one of the surety must own a property of substantial value in Lagos State while the other must be a blood relative of the defendant.
Also, Abulude was ordered by the court to report once in a month at the EFCC office in Lagos throughout the duration of the case.
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