N2.4b fraud: Court hears pending applications against Innosson June 28
Justice Ayokunle Faji of a Federal High Court Lagos on Monday declared
that all pending applications in a charge brought against Innosson Nigeria
Limited by the Inspector-General of Police (IGP) over allegation of falsification of shipping documents
will be heard on June 28, 2017.
According to the four counts charge with suit number FHC/L/565C/1, the
accused persons are Innosson Nig. Ltd, Innocent Chukwuma, Charles Chukwu,
Maximian Chukwura, Mitsui Osk
Lines 'C' and Anajekwu Sunny.
During the proceedings on the matter, Justice Faji who took over the matter
following the transfer of Justice Saliu Saidu who was formerly handling the
matter, insisted that he would require some time to go through all the
processes in respect of the case.
The judge's decision came sequel to the an observation raised by counsel
to the prosecution J.I Ajakaiye on George Uwechue (SAN) who announced
appearance for the 1st and 2nd defendants, Professor Joseph Mbadugha who
announced appearance for the 3rd and 6th defendants, and A. Olusola who
appeared for the 4th and 5th defendants, and had informed the court of their
The defendants were accused of conspiring to commit fraud on October 10, 2013 at
The IGP had maintained that the defendants falsified shipping documents, which
they deposited with Guaranty Trust Bank Plc as collateral for the sum of N2.4 billion.
The loan facility according to the prosecution was granted to Innosson Nigeria
The prosecution also stated that the shipping document was falsely
as genuine and with the intention to defraud, so as to clear goods
worth N2.4 billion.
According to the statement of offence, the accused persons allegedly
contravene the provisions of sections 1(2) (c), and 3(6) of the
Offence Act, Cap M17, Laws of the Federation 2004.