Lagos – A Federal High Court in Lagos on Thursday remanded three businessmen in prison custody over alleged unlawful dealing in 33,000 litres of petroleum products valued N2.5 million.
The accused: Kayode Marufu, 51; Alabi Adewale, 31, and Ambali Tijanni, 41; whose addresses were not given, are facing a three-count -charge of conspiracy, unlawful sell and distribution of petroleum products.
The Prosecutor, Mr Mathew Omosun, told the court that the accused persons committed the offences on July 13, in Lagos, within the jurisdiction of the court.
He alleged that the accused loaded the 33,000 litres of petroleum product (PMS) in a truck with the intent to sell and distribute the product without lawful authority.
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Omosun alleged that the product was a property of Pipeline and Product Marketing Company of Nigeria.
He said that the offences contravened sections 1 (7) (a), 3 (6) and 17 (b) of the Miscellaneous Offences Act Cap M17 of the Reversed Edition, Laws of the Federation 2007.
The prosecutor urged the court to remand them in Ikoyi prison pending the determination of the case.
However, the accused persons pleaded innocence of the offences.
Counsel to the accused, Mr O. O. Onun, urged the court to admit the accused to bail on liberal terms.
“I assure the court that my clients will not jump bail if granted,’’ he said.
Justice Mohammed Yunusa ordered that the accused should be remanded in Ikoyi prison and adjourned the case to Sept. 3, for ruling on bail application. (NAN)
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