Anti-corruption and elections / EFCC

Oil Magnate, 2 Others In Prison Custody Over N50m Crude Oil Fraud

The Economic and Financial Crimes Commission, EFCC, Port-Harcourt's Zonal Office, on Tuesday, February 12, 2019 arraigned the trio of Martins Derisoma Ogbanga, Busari Adeyemi, Uwem Sunday Assan and a company: Dempo Resources Ltd., before Justice I.M Sani of the Federal High Court, sitting in Port-Harcourt, the Rivers State capital. They were arraigned on a 19-count charge bordering on conspiracy and obtaining money by false pretences to the tune of N50million, contrary to Section 8 (a) of the Advance Fee Fraud and Other Related Offences Act, 2006 and punishable under Section 1(3) of the same A…