Menoil Oil and Gas Limited boss, Ngozi Okoye is in hot soup as the Economic and Financial Crime Commission, (EFCC) on Monday, March 2nd, 2020 charged her before an Ikeja Special Offences Court, Lagos for allegedly defrauding N349 million.

She was arraigned alongside with her company: Menoil Oil and Gas Limited before Justice Mojisola Dada.

Ngozi and her company was arraigned on a 2 count charge bordering on obtaining goods by false pretense and stealing contrary to section 278 (1),(b), 278(2)(f) and 285 (1) of the criminal law of Lagos State No.11 of 2011 and 1(1)(a) and (3) of the Advance Fee Fraud and Other Fraud Related Offences Act No14 of 2006

T.J Banjo the EFCC prosecutor told the court that the defendant obtained 2 million liters of AGO (Automative Gas Oil) valued at N275 million from Frank Karkitie director of Enegas Power Limited.

Banjo also alleged that the defendant sometimes in 2013, stole the sum of N74 million property of Frank Karkitie director of Enegas Power Limited According to the charges;

“That you, Ngozi Philomena Okoye, Menoil Oil and Gas Limited sometimes in 2013 in Lagos within the jurisdiction of this honorable court obtained 2 million liters of AGO (Automotive Gas Oil) valued at N275,000,000 from Frank Karkitie, director of Enegas Power Limited by falsely representing to Frank Karkitie that the products will be paid for upon sale which pretense you knew to be false.”