After being brought before the Igbosere Magistrate’s Court in Tinubu regarding an alleged ₦11 million diesel scam, a Lagos-based businessman named John Ibe Nnadozie was placed under remand at the Ikoyi Correctional Center.
Nnadozie is charged with defrauding Obededom Oil and Gas Limited of 9,167,000 liters of diesel, valued at almost ₦11 million, through a commercial contract that he reportedly broke.
The prosecution claims that Nnadozie promised Ajayi Segun, the manager of the business, that he would sell the merchandise and send the money received.
He allegedly sold the diesel instead, kept the money for himself, and disappeared.
The case took a new turn after a petition was submitted to the Assistant Inspector General of Police, AIG Adegoke Fayoade of Zone 2 Command, prompting a swift investigation. Police operatives tracked down and arrested the suspect after a period of evasion.
Nnadozie was arraigned on a three-count charge that includes obtaining goods under false pretence, theft, and supplying false information. The charges, filed under charge number P/25/2025, were read by Police Prosecutor ASP Jimoh Joseph.
According to the prosecution, the alleged fraud occurred in March 2024 at No. 20 Oredayo Street, Agege, Lagos. The offences are in violation of Sections 411, 314, 287, and 96(a) of the Lagos State Criminal Law, 2015.
Nnadozie pleaded not guilty to the charges.
Presiding Magistrate granted him bail but ordered that he be remanded in custody pending the fulfilment of the bail conditions. The case has been adjourned to a future date for further hearing.
