Man bags 7-year jail term over N10m oil fraud in Rivers

A Federal High Court, sitting in Port Harcourt, Rivers State, has sentenced one Johnson Abraham Ukiwe to seven years imprisonment without option of fine for dealing on petroleum products without license and obtaining N10 million under false pretence.

Presiding Justice Adamu Turaki Mohammed also ordered the convict to restitute his victim, Exploit Energy Ltd, the said sum of N10million in accordance with Section 11 of Advance Fee Fraud and Other Related Offences Act,2006.

The anti-graft spokesman, Wilson Uwujaren, disclosed this in a statement in Abuja.

Further, Uwujaren explained that Ukiwe was found to have obtained the sum of N10, 055,000.00 from Exploit Energy Ltd, between 27 January and 1 February, 2016 on the promise that he will supply two truckloads of petroleum product to it,…

Read All From The Original Article On Daily Post

%d bloggers like this: