Fidelity bank banner Bayelsa State banner
N282.7m UBA fraud: Absence of witness stalls oil marketer’s trial

By Moji Eniola on 21/06/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 376

The trial of Frank Karkitie, an oil marketer, charged with defrauding UBA of N282.7 million was stalled on Thursday following the absence of a prosecution witness.

Karkitie is being tried alongside his company, Enegas Power Ltd, Dawodu Sheriff and Ogbemudia Benson.

The defendants are facing a six-count charge bordering on conspiracy to obtain money by false pretences, obtaining money by false pretences, conspiracy to commit forgery and forgery.

Mrs Vera Agboje, the lead counsel for the Economic and Financial Crimes Commission (EFCC), informed the court that the witness, who was expected to testify, was writing a postgraduate examination at the University of Lagos.

“My lord, I called the witness which I had prepared for this trial yesterday and he said he would be having his postgraduate examination today.

“He said the examination will be conducted from 9am to 12pm. My humble application before the court is for a stand-down to enable my witness to attend trial,” the counsel said.

Following the development, Justice Josephine Oyefeso, adjourned the case until Sept. 18 for continuation of trial.

According to the EFCC, the defendants on April 14, 2014 in Lagos conspired to obtain money by false pretences from UBA.

“The defendants obtained an aggregate sum of N282.7 million from UBA by falsely representing to the bank that they had a Local Purchasing Orders with numbers DCT/07-031.

“The Local Purchasing Order was falsely claimed to be issued by Dangote cement firm at Obajana in favour of Enegas power limited for supply of Automotive Gas Oil (AGO) to the cement company which was a false representation.

“Between Jan. 28, 2014 to March 28, 2014 the defendants forged the stamp of Dangote Cement Transport, Obajana on Enegas Power Ltd’s purported letter to Dangote Cement Transport, dated Jan. 21, 2014.

“In order to facilitate the fraud, the defendants forged the stamp of Dangote Cement Transport, Obajana on Enegas Power Ltd.’s invoice no. LPO/NO-DCT/06-031 dated Feb. 28, 2014,” the EFCC prosecutor said.

The offences contravened Sections 1(3) and 8(c) of the Advanced Fraud and Other Fraud Related Offences Act of 2006 and Sections 363(1) and 409 of the Criminal Law of Lagos State of 2011. (NAN)


Source News Express

Posted 21/06/2018 7:46:45 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+




You may also like...
Nigerians identify cause of rising wave of cultism...

FG bans importation of vehicles through the land...

War on Terror: Nigeria foreign ministry commends regional...

Don’t waste your money on Blackberry Z10; it’s...

NLGN seeks intervention into legislators’ plan to repeal...

Alade, CBN Acting Governor, teaches financial literacy, urges...

Jega: Reps warn Jonathan

Elumelu wins Africa Investor ‘Person of the Year’...

PDP to reclaim power in 2019, says Jonathan...

Buhari suspends Comptroller General of Immigration Service with...

Akwa Ibom set to clear backlog of gratuities...

Serving police corporal, 26 others paraded for robbery...


Latest News Osun Election: Controversy as INEC official says his boss ordered him to destroy authentic poll result Double Tragedy: Ras Kimono’s wife dies three weeks after his burial Kogi LG workers now to receive 54 pct of salary Water projects: Minister pleads with court for more time to render account PDP screens 30 governorship aspirants in North East Anti-Corruption War: Strike weakens CCB, CCT Gunshot at Osun INEC office Flood overruns more Delta riverine communities, victims sleep in canoes PDP is party to beat in 2018, says Makarfi Aisha Buhari to address UN meeting on Tuberculosis Osun: INEC has shown its readiness for 2019 — Group Plateau SSG, commissioner resign to contest 2019 elections


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (396,555 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (376,777 views) Shameless Genevieve Nnaji exposes breasts in public (308,541 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,633 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (232,343 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,643 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (200,098 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,673 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,744 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,395 views) Lagos plane crash: Journalist releases victims’ names (158,175 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,915 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (63) Business & Economy (3,623) Business Verdict (52) Columnists (933) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (547) Features (652) Global Business Monitor (301) International (2,427) Interview (165) Live Commentary (28) Love Matters (144) News (39,082) Opinion (1,110) Pidgin (11) Politics (6,711) Religion (872) Sports (1,701) Stock Watch (34) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




I am Imo State's New Governor -- Okorocha's son-in-law Uche Nwosu...


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera