Five arraigned for pipeline vandalism, money laundering

The police yesterday arraigned three men at the Federal High Court in Lagos for alleged pipeline vandalism.

Ola Omosowore (29), Anthony Adebayo (20) and Motouayo Lateef (20) were charged with four counts of attempting to steal petroleum products.

The prosecution counsel, Kingsley Ngene said the defendants committed the alleged offence on October 17.

He said they were arrested at Ilado waterside in Lagos, while tampering with an oil pipeline within the locality.

According to the police, the suspects attempted to steal petroleum products for sale.

The alleged offences contravene sections 1(19), 1(7)(a), and 1(7)(b) of the Miscellaneous Offences Act of 2007.

Justice Saliu Saidu ordered that the defendants, who pleaded not guilty to the charges, be remanded in prison.

He adjourned to December 1 for trial.

Meanwhile, the Economic and Financial Crimes Commission (EFCC) arraigned two men, Linus Chibuike and Nnamdi Ojukwu before the court for alleged money laundering.

The prosecutor, Latona Gbolahan, said they committed the offence on October 8 and were arrested by men of the Nigeria Custom Service, (NCS) at the Murtala Mohammed International Airport in Lagos.

He said they were arrested during the outward clearance of passengers aboard a flight to China.

The sum of $5.4 million was recovered from the accused, who allegedly failed to declare it as required by law.

The prosecutor alleged that Chibuike falsely declared $11,500 as the only amount in his possession, while Ojukwu failed to declare the money he had.

The alleged offences contravene sections 2(3) and 2(5) of the Money Laundering Act, 2011 as amended by Act No 1, of 2012.

Justice Ibrahim Buba granted them bail for N50 million each, with one surety each in like sum.

He adjourned to November 2 for trial. 

Copyright 2017 Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.