The Federal High Court in Lagos has forfeited a vessel, MV Shirley, to the Federal Government for being used for illegal conveyance of 145,000 litres of petroleum products.
He held that the Economic and Financial Crimes Commission proved the charges against the convicts beyond reasonable doubts. He awarded a fine of N100m against Sagwe International Limited and issued an order for the arrest of the fleeing Ogede.The judge ordered the forfeiture of the N10m bail bond deposited by Ogede’s surety, saying the surety should be remanded in the prison custody pending the forfeiture of the N10million.
The prosecuting counsel for the EFCC, Mr Rotimi Oyedepo, said the convicts committed the offence on or about April 19, 2017.
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