The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) today arraigned Oladipo Jimoh and his firm, Barma Energy Resources Limited, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos on two counts of stealing to the tune of $60,334.59 (Sixty Thousand, Three Hundred and Thirty Four Dollars, Fifty Nine Cents).
The charges allege that Jimoh and Barma Energy Resources Limited, between October 11, 2022 and July 2023, dishonestly converted to their own use the sum of $47,534.59 and $12,800, respectively, belonging to Vale Blue Limited.
Jimoh pleaded not guilty to the charges.
Prosecution counsel, G.C. Akaogu, prayed the court for a trial date to enable the prosecution to prove its case against the defendants. He also requested that Jimoh be remanded at a Correctional Centre.
Defence counsel, A.K. Akpabio, informed the court of a bail application filed on behalf of Jimoh.
Justice Dada admitted Jimoh to bail in the sum of N200 million, with two sureties in like sum. The sureties must be gainfully employed and each must have N100 million in his/her account or a valued landed property.
Jimoh was remanded at the Correctional Centre pending the perfection of his bail. The case was adjourned till February 12, 2024 for commencement of trial.
