The trial of President of an oil firm, Masters Energy Oil and Gas Limited, also Peoples Democratic Party, PDP chieftain and governorship claimant of Abia State, Dr. Uche Ogah, and an ex-employee of a first generation bank, Deji Somoye, before a Tinubu Magistrate’s Court, Lagos, was, yesterday, stalled, following the absence of the trial magistrate.
The defendants were arraigned before Chief Magistrate Kikelomo Ayeye over alleged fraud. No reason was given for the absence of the magistrate, but the court registrars adjourned the matter till October 10 for trial. Police said Ogah allegedly forged a Memorandum of Understanding, MoU, between Masters Energy Oil and Gas Limited and Mut-Hass Petroleum Limited sometime in March 2011. Ogah and some other persons still at large were alleged to have forged the signature of one Mrs. Bridget Adeosun.
The alleged forgery was committed in Ikeja, Lagos. The police also claimed that the bank aided Masters Energy to open an account in the name of Mut-Hass Petroleum to perpetrate a fraud without applying its internal control procedures.
It claimed that the bank allowed the said account to be opened sometime in 2011 at its regional office in Palmgrove in breach of the provisions of the Financial Institutions Act 2004. Police prosecutor, Henry Obiazi had told the court that the offences contravened sections 363 (3)(u), 408 and 409 of the Criminal Law of Lagos State, 2011.
Read more at: http://www.vanguardngr.com/2016/08/magistrates-absence-stalls-ogah-somoyes-tri/