A BUSINESSMAN, Cajetan Chike Muonagolu, has been ordered to be remanded in prison custody by Justice Saliu Saidu of the Federal High Court, Ikoyi, Lagos on a four-count charge bothering on dealing in adulterated and substandard engine oil. The court admitted Muonagolu to bail in the sum of N50 million and two sureties in the like sum.
The court ordered counsel for the prosecution and defence to visit the warehouse to ascertain the breaking of the seal or otherwise. The matter was adjourned to May 20, 2019, for the commencement of trial. The federal government had charged the defendants with four counts of production, possession, dealing in and distribution of substandard engine oil. The defendants had pleaded not guilty to the charges.
A part of the charge reads: “That you Cajetan Chike Muonagolu and Richbon Nigeria Limited of Plot 242, Oshodi Apapa Express Way, Odolowu Bus Stop, Lagos on or about 12/13 December 2019, while at ASPAMDA Trade Fair Complex, Lagos Badagry Expressway, Lagos State within the jurisdiction of this Honourable Court did indulge in dealing in adulterated/substandard engine oil to wit: 15,000 Cartons and 60,00 pieces of Prime Plasma, Prime ATF and Stanley brand of Engine oil which is not of quality,...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Court Remands Company MD In Prison For 'Trading In' Adulterated And Substandard Engine Oil | Sahara ReportersThe SON prosecution team of Babatunde Alajogun and Adeleke Olofindare opposed the bail application on the ground that Muonagolu committed another offence during the pendency of the case. Alajogun said Muonagolu broke and removed the official seal of SON and evacuated 15, 000 cartons of suspected adulterated/substandard engine oil which SON put on hold. He is a theif He probably made millions from it
Source: SaharaReporters - 🏆 9. / 63 Read more »
Court remands MD in prison over substandard engine oil - Vanguard NewsA businessman, Cajetan Muonagolu, has been ordered to be remanded in prison custody by Justice Saliu Saidu of the Federal High Court sitting in Lagos.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Firm's MD remanded for 'dealing in substandard engine oil'The Federal High Court in Lagos Friday ordered to be remanded in prison Managing Director of Richbon Nigeria Ltd, Cajethan Muonagolu, following ...
Source: TheNationNews - 🏆 6. / 69 Read more »
Adulterated engine oil lands MD in trouble – Daily TrustJustice Saliu Saidu of the Federal High Court, Ikoyi, Lagos, has fixed the trial of a businessman, Cajetan Chike Muonagolu, who the Standard Organisation of Nigeria (SON) charged to court with allegedly dealing in adulterated engine oil, for May 20, 2019. Cajetan and his company, Richbon Nigeria Limited, of Plot 242, Oshodi-Apapa expressway, Odolowu bus …
Source: Daily Trust - 🏆 13. / 51 Read more »
Court remands man, 60, in prison over alleged rape of minor - Vanguard NewsAn Ado-Ekiti Magistrates’ Court on Monday remanded a 60-year-old man, Samuel Orji, in prison over alleged rape of a 12-year-old minor.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Alleged N107.7m fraud: Court remands ex-SMEDAN boss, Masari in prison - Vanguard NewsThe Abuja Division of the Federal High Court has remanded the former Director General of SMEDAN, Bature Masari in prison custody following his alleged complicity in money laundering.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Court remands 4 suspects over alleged armed robbery in Osun - Vanguard NewsAn Osogbo Magistrates’ Court on Wednesday remanded four suspects in Ilesa prison over alleged armed robbery.
Source: vanguardngrnews - 🏆 5. / 75 Read more »