Lagos - An oil industry executive, Abubakar Shuaib Dogara, has been arraigned at the High Court of the Federal Capital Territory in Abuja for allegedly swindling an American $40 000 in a bogus transaction.
The Managing Director of Dogab Oil Limited has been arraigned before Justice Keziah Nwamaka Ogbonnaya on a two- count charge of forgery, fraud, diversion of funds and obtaining money by false pretence.
The Economic and Financial Crimes Commission (EFCC) is prosecuting the accused for allegedly reneging on a bogus contract to supply a cargo of crude oil to the complainant, James Rodney Anella.
Anella, a Managing Member, Kailan LLC, Florida, USA, had allegedly paid the sum of $40 000 to the suspect for re-assignment of the cargo from Dogara’s name to his.
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The accused, it is alleged, also agreed to reflect the proposed name on the Alloyds Register to the complainant verify the cargo so as to issue an LC in payment.
However, contrary to the agreement, the accused allegedly gave the complainant some re-assignment documents that did not bear his name on the Alloyds Register.
The accused was also said to have requested for another sum of $220 000 but the complainant kicked when he suspected a foul play.
Justice Ogbonnaya ordered that the accused be remanded in Kuje Prison.
The matter has been adjourned to Friday next week for hearing.
- CAJ News