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Fraud

Apr 5, 2026

FRN vs Udeme Obio Efiong (CEO of Ambi Petroleum Nigeria Limited)

Humans

Udeme Obio Efiong

Money bag

N2,395,000.00
Amount allegedly defrauded

Money bag

Case Summary
The Defendant, who is trading under the name and style of Ambi Petroleum Nigeria Limited, allegedly defrauded one Daniel Eromosele of the said sum, when he went into an agreement with him to purchase premium motor spirit from the Refinery at Eleme and share the profit. The Defendant was said to have diverted all the funds to his personal use.

Calendar

2,005
Day(s) since arraignment

Gavel

Case Update
In view of the Defendant's not-guilty plea, the prosecuting counsel prayed the court for a trial date and to remand the Defendant in the Nigeria Correctional Centre. However, the defense counsel moved an oral application for the bail of his client, which was opposed by the prosecution on the ground that it was not in writing. After listening to both parties, the trial judge remanded the Defendant in EFCC custody and adjourned the matter for consideration of bail application and commencement of trial.

Court house

Hon. Justice Muhammed Lawal Abubakar
Federal High Court, Port-Harcourt, Rivers

Legislation

ACJA/ACJL Compliance - complied

Case Information
Udeme Obio Efiong
Presiding Judge & Designated Court
Hon. Justice Muhammed Lawal Abubakar, Federal High Court, Port-Harcourt, Rivers
Nature and Number of Charges
1-count charge bordering on obtaining money by false pretense.
Date of 1st Arraignment
Oct 7, 2020
Summary of Case
The Defendant, who is trading under the name and style of Ambi Petroleum Nigeria Limited, allegedly defrauded one Daniel Eromosele of the said sum, when he went into an agreement with him to purchase premium motor spirit from the Refinery at Eleme and share the profit. The Defendant was said to have diverted all the funds to his personal use.
Defendant(s) and Plea entered on Arraignment
1. Udeme Obio Efiong (CEO of Ambi Petroleum Nigeria Limited) – Not Guilty
Defence Counsel(s)
1. U. Nwuju (Lawyer)
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
1. Alao Rasheedat (Lawyer)
Status of Case
On Trial
Stage of Trial
Prosecution Stage
Length of Trial
2,005 day(s)
Case Update
In view of the Defendant's not-guilty plea, the prosecuting counsel prayed the court for a trial date and to remand the Defendant in the Nigeria Correctional Centre. However, the defense counsel moved an oral application for the bail of his client, which was opposed by the prosecution on the ground that it was not in writing. After listening to both parties, the trial judge remanded the Defendant in EFCC custody and adjourned the matter for consideration of bail application and commencement of trial.
ACJA/ACJL Compliance
Complied