Forte Oil Loses N15m To dealer
The Management of Forte Oil Plc has dragged an oil dealer, Olusegun Oyalana, 37, before a Lagos Magistrate Court for allegedly obtaining petroleum products valued at N15,035, 973 from them with the promise to sell the product, make profits and remit the proceeds into their account. Police alleged that the complainant reported that they were shocked that after the accused sold the petroleum products, he failed to remit the proceeds into their account and instead converted the proceeds to his personal use. A Police source alleged that the Commissioner of Police, CP in charge of the Police Special Fraud Unit, PSFU, Milverton Road, Ikoyi, Lagos, Mr Ibrahim Lamorde directed his men led by Sgt Kelechi Echendu to arrest the accused following a petition by the management of Forte Oil Plc. The accused was charged before an Igbosere Magistrate Court, Lagos on a two-count charge of felony to wit, stealing. Police Counsel, Sylvester Azubuike informed the court in charge No B/91/2018...