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Fraud

Jun 8, 2025

FRN vs Mahmud A. Mohammed (CEO of Al-Maqarinaz International Limited) & 3 others

Humans

Mahmud A. Mohammed
& 3 others

Money bag

$1,000,000.00
Amount allegedly defrauded

Money bag

Case Summary
The accused allegedly conspired with intent to defraud and obtained the sum of $1,000,000 (One Million US Dollars) from Ismaila Abdulgaffar, the Chief Executive Officer of Emex Oil Ndawta Limited under the false pretense of supplying him with Nigerian Bonny Light Crude Oil via MT AL Albar, a claim they knew to be false and thereby committed an offence contrary to Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and punishable under Section 1(3) of the same Act.

Calendar

4
Year(s) case tried in court

Gavel

Case Update
The trial judge, delivering her judgment, noted that the prosecution proved its case beyond reasonable doubt against the first, second and fourth defendants. She further held that there was overwhelming evidence that a vessel, MT AL Albar was never loaded with Nigerian Bonny Light Crude Oil as the convicts claimed they would do for which they fraudulently collected $1,000,000.00 (One Million US Dollars) from their victim. She found the convicts guilty on counts three and four and sentenced them to 10 years imprisonment on each count, and dismissed counts one and two. The sentences are to run concurently. The third defendant, Globtec Resources Limited was not convicted by the court. The judge further ordered the convicts to refund the $1,000,000 proceed of crime to Emex Oil Ndawta Limited while the third defendant is to refund the sum of $20,000.00 (Twenty Thousand US Dollars) that was initially paid by Emex Oil Ndawta Limited to procure a fiduciary account for it.

Court house

Hon. Justice O. O. Goodluck
FCT High Court, Maitama, Abuja

Legislation

ACJA/ACJL Compliance - violated

Case Information
Mahmud A. Mohammed & 3 others
Presiding Judge & Designated Court
Hon. Justice O. O. Goodluck, FCT High Court, Maitama, Abuja
Nature and Number of Charges
4-count charge bordering on conspiracy and obtaining by false pretense.
Date of 1st Arraignment
2016
Summary of Case
The accused allegedly conspired with intent to defraud and obtained the sum of $1,000,000 (One Million US Dollars) from Ismaila Abdulgaffar, the Chief Executive Officer of Emex Oil Ndawta Limited under the false pretense of supplying him with Nigerian Bonny Light Crude Oil via MT AL Albar, a claim they knew to be false and thereby committed an offence contrary to Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and punishable under Section 1(3) of the same Act.
Defendant(s) and Plea entered on Arraignment
1. Mahmud A. Mohammed (CEO of Al-Maqarinaz International Limited) – Not guilty
2. Ikechukwu Nkwocha-Philip – Not guilty
3. Globtec Resources Limited (Company) – Not guilty
4. Al-Maqarinaz International Limited (Company) – Not guilty
Defence Counsel(s)
No defence counsel
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
No prosecutors recorded
Status of Case
Decided
Decision
Convicted
Length of Trial
4 year(s)
ACJA/ACJL Compliance
Violated
Court Decision
The trial judge, delivering her judgment, noted that the prosecution proved its case beyond reasonable doubt against the first, second and fourth defendants. She further held that there was overwhelming evidence that a vessel, MT AL Albar was never loaded with Nigerian Bonny Light Crude Oil as the convicts claimed they would do for which they fraudulently collected $1,000,000.00 (One Million US Dollars) from their victim. She found the convicts guilty on counts three and four and sentenced them to 10 years imprisonment on each count, and dismissed counts one and two. The sentences are to run concurently. The third defendant, Globtec Resources Limited was not convicted by the court. The judge further ordered the convicts to refund the $1,000,000 proceed of crime to Emex Oil Ndawta Limited while the third defendant is to refund the sum of $20,000.00 (Twenty Thousand US Dollars) that was initially paid by Emex Oil Ndawta Limited to procure a fiduciary account for it.