EFCC Arraigns Oil Marketer for N10m Dud Cheque

EFCC Arraigns Oil Marketer for N10m Dud Cheque

The Economic and Financial Crimes Commission (EFCC) today (April 23, 2014) arraigned one Tajo Sani Yunusu and his company, Sani Brothers Oil and Gas Limited, before Justice Dije Abdu Aboki of Kano State High Court on a 2-count charge bordering on issuance of dud cheque.

The accused allegedly collected 125, 000 litres of diesel valued at N20, 000,000 (Twenty Million Naira from the complainant, one Amanallahi Ahmad Mohammed, and gave him three Zenith Bank Plc cheques for the sum.

However two of the cheques were dishonoured on presentation at the bank due to lack of fund standing to the credit of the drawer.

One of the charge reads, “that you Tajo Sani Yunusa and Sani brothers Oil and Gas Limited sometime in February 2013 at Kano within the jurisdiction of the High Court of Kano State did issue a Zenith Bank cheque with serial number 70562337 of Sani Brothers Oil And Gas Limited dated the 30th day February 2013 for the sum of N9,600, 000 (Nine Million, Six Hundred Thousand Naira ) to Amanallahi Ahmad which was presented and returned unpaid on the ground that no sufficient fund were standing to the credit of the drawer as at 17th April 2013 the date it was presented and you thereby committed an offense contrary to section 1(1) (a) and punishable under section 1(1)(b) of the Dishonoured Cheques (Offences) Act, laws of the Federation, 2004”.

The accused pleaded not guilty to the charges and was granted bail in the sum of N5, 000, 000 (Five Million Naira) and two sureties in like sum. The sureties should be public servants of not below the rank of Director with a landed property in Kano.