The Economic and Financial Crimes Commission, (EFCC) on Friday, 26th Novemberb2021, arraigned Stanley Okoye and Larbrador Shipping Services Limited before Justice O.A. Taiwo of the Special Offences Court sitting in Ikeja, Lagos for an alleged attempt to dupe Zenith Bank of One Hundred and Eleven Million, Five Hundred Thousand Dollars ($111,500,000) only.
The defendants were arraigned on a 12-count charge bordering on possession of false documents, forgery, attempt to obtain by false pretence, and using as genuine a forged document contrary to Section 364 of the Criminal Law of Lagos State 2011.
One of the counts reads: “OKAFOR STANLEY and LARBRADOR SHIPPING SERVICES LTD, sometime between November 2019 and January 2020 in Lagos, within the Lagos Judicial Division, with intent to defraud, did attempt to obtain the cumulative sum of One Hundred and Eleven Million, Five Hundred Thousand Dollars ($111,500,000) only from Zenith Bank Plc by falsely representing that Citi Bank was already in receipt of the said sum on your behalf.”
Another count reads: “OKAFOR STANLEY and LARBRADOR SHIPPING SERVICES LTD., on or about the 21st day of November 2019 in Lagos, within the Lagos Judicial Division, with intent to defraud and to facilitate your obtaining by money by false pretence from Zenith Bank Plc forged a document to wit: Bank of America confirmation message with SWIFT TRANSACTION CODE BOA-20192111700088368, purporting it to represent the sum of Twenty-two Million Dollars ($22,000,000) only in favour of Labrador Shipping Services Ltd, which document you knew to be false.”
He pleaded “not guilty” to all the charges when they were read to him.
Prosecuting counsel, I.A. Mohammed, thereafter, prayed the court for a trial date to enable the prosecution to prove its case.
“We also urge the court to order that the defendant be remanded in the Nigerian Correctional Centre,” he said.
Defence counsel, Onyeisi Ofulue, however, sought to make an oral application for the bail of his client, adding that the defence was already making a formal application to bring before the court.
“We also urge the court to remand the defendant in EFCC custody,” Ofulue added.
In his response, Mohammed argued that a proper bail application ought to be brought before the court, which the prosecution also ought to respond to.
“With the arraignment of the defendant, the proper custody is the prison,” he added.
Ruling on the oral application, Justice Taiwo ordered that a written application be filed. She adjourned till the 2nd December 2021 hearing of a formal bail application and also ordered that the defendant be remanded in the custody of the EFCC.
