Anti-corruption and elections / EFCC

N102m Oil Fraud: Oil Magnate, Owoicho Loses Bid To Quash Charge

Justice Peter Affen of the Federal Capital Territory High Court sitting in Maitama, Abuja has ordered Emmanuel Owoicho, Managing Director, Owoema Resources Limited, to enter his defence in respect of an alleged oil fraud to the tune of N102million preferred against him and two other oil merchants by the Economic and Financial Crimes Commission, EFCC. The judge gave the order on Thursday, April 26, 2018 while ruling on a no-case submission by F. R. Onoja on behalf of Owoicho. Onoja, in the no-case submission invited the court to strike out the case against his client for ‘failure of the prosecu…