BREAKING NEWS

Metro

World

Spiritual

Wednesday, 30 November 2016

JUST IN: Nigerian Oil Magnate Dupes Obasanjo Of Millions

An oil magnate, Chief Salimon Abiodun Ajayi, was arraigned at a Chief Magistrate’s Court sitting in Isabo, Abeokuta by the Ogun state Police on Tuesday for fraudulently obtaining the sum of N105 million from a company, Alarab Properties.

The company is a subsidiary of Obasanjo Holdings Limited (OHL), owned by a former President, Chief Olusegun Obasanjo.

Ajayi, the Balogun of Ijemo in Abeokuta South Council Area and owner of the popular Rantipe Petroleum, was charged to court on a three-count bordering on forgery, fraud and stealing.

The police prosecutor, Sunday Eigbejiale, said the accused fraudulently forged the Sidipon Community Power of Attorney and fraudulently used same to obtain N105 million from Alarab Properties.

Eigbejiale told the court that the accused obtained the huge sum in the sales of 67 acres of land at the Sidipon village, along Abeokuta- Sagamu Expressway. The police prosecutor said the offence was contrary to and punishable under Section 419 revised law of Ogun State 2004.

Ajayi, however, pleaded not guilty when the charges were read to him.

Chief Magistrate Oriyomi Sofowora admitted the accused to bail in the sum of N250,000 with two sureties in like sum.

The Magistrate thereafter adjourned the case till December 20, 2016.

PLACE YOUR CONTENTS ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Click Here To Download A Free Guide That Shows How To Make 100k Weekly Without Lifting Your Finger (Using An Autopilot System)

Click Here To Discover Why Experts Conclude This Money Making Secret Is 100% Legal, 446.67% Better and 217% Safer Than MMM.

Loading...

THANK YOU FOR VISITING 247 NIGERIA NEWS UPDATE AND KINDLY VISIT US AGAIN! CLICK HERE TO JOIN OUR FACEBOOK FAN PAGE FOR NEWS UPDATES

For Instant Updates On Twitter Page @247NGNEWSUPDATE

Post a Comment

 
Copyright © 2015 247 Nigeria News Update
Website by Tech Guardian