Following the arrest of seven illegal oil dealers by the Nigerian Navy on the 19th February, 2014 along the Lagos Waters.
The convicts Adedamola Ogungbayi, Olaniran Olabode, Surajo Gasali, Moses Emmanuel, Wilson Bonsi, Okaparaodi Omaka Uche, Onyeogo Happy, have been sentenced to 10 years each in jail by Justice O.E Abang of the Federal High Court Lagos yesterday 30 October 2015.
According to reports, at the point of arrest they had 1,495 metric tons of Premium Motor Spirit (PMS) on board a vessel.
The felons were
sentenced on five counts of illegal oil bunkering and dealing in
petroleum products without lawful authority or licence.
Apart
from the jail term, Justice Abang ordered that the vessel, the product
onboard (1,495 metric tons of Premium Motor Spirit) and various amount
of money -N68,000,000 (Sixty Eight Million Naira), £250,000 (Two Hundred
and Fifty Thousand Pounds), $975,000 (Nine Hundred and Seventy Five
Thousand Dollars) domiciled at FCMB in the name of one of the accused
person be forfeited to the Federal Government of Nigeria.
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