Court dismisses fraud charge against oil marketer

Anthony Adejugbe, EFCC, news, News Update, Tonique Oil Services Limited


A Lagos State High Court sitting in Ikeja on Wednesday dismissed a two-count charge of stealing and fraud against an oil marketer, Anthony Adejugbe and his firm, Tonique Oil Services Limited.

Justice Lateefat Okunnu held that the Economic and Financial Crimes Commission (EFCC) did not prove its case against the defendants.

The judge discharged and acquitted Adejugbe and his firm.

The EFCC arraigned the defendants on November 13, 2012, in charge marked ID/198C/2012.

It claimed that they fraudulently obtained N272, 500,000.00 from Watergate Petroleum and Gas Limited under false pretence of supplying five million liters of petroleum.

But the defendants pleaded not guilty to the charges.

Following a five-year trial, the court noted that there was neither evidence nor “a whiff of rumour” to establish the prosecution’s allegation against Adejugbe and his firm.

Justice Okunnu held: “It is my findings that this is neither a case of stealing, nor one of obtaining by false pretence

“The prosecution was unable to sustain its case, and so, without further ado, I hereby dismiss the case against both defendants.

“Each of them, therefore, stands acquitted and discharged on each of the two charges.”

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