Man Docked for $100,000 Oil Scam

The Economic and Financial Crimes Commission, EFCC, on Wednesday February 26, 2014 arraigned Dr Godwin Karma before Justice Oluwatoyin Ipaye of the Lagos High Court, Ikeja on a 2-count charge bordering on obtaining money by false pretence and forgery.


He was alleged to have fraudulently offered to sell Automotive Gas Oil (AGO) on the high sea to a businessman, Kunle Adeyinka. He thereafter collected various sums of money, totalling $100,000 (One Hundred Thousand United States Dollars) from Adeyinka for the hiring of vessel and other charges, aimed at conveying the oil but failed to deliver the consignment to the businessman.
One of the charges read: "Godwin Karma sometime in December 2011 at Lagos within the Ikeja Judicial Division by false pretense and with the intent to defraud obtained the sum of $100,000 (One Hundred Thousand Dollars) from one Kunle Adeyinka"

When the charges were read to the defendant he pleaded not guilty.
Justice Ipaye adjourned the matter till March 12, 2014 for hearing of the bail application and ordered that the defendant be remanded in Kirikiri maximum prison.


Media & Publicity
27th February, 2014