A Review of the Nigerian Energy Industry

ASCON Oil manager docked over alleged N34.3m theft

15 August 2013, Lagos — A 49- year-old station manager of ASCON Company Ltd, Scott Irikpen, has been arraigned before an Ikeja Magistrate’s Court, for allegedly stealing N34.3 million from the company.

Irikpen, who is facing a two-count charge of fraud and stealing, preferred against him by the police, was docked before Magistrate Eniola Fabamwo.

The Police prosecutor, Assistant Superintendent Barth Nwaokoye, told the court  that the defendant committed the offence between June and July 2013, at the station located at Owode, along Lagos/Badagry Expressway, Lagos.

He said the defendant stole N34.3 million being the value of cumulative proceeds of 336,710 litres of petroleum product supplied to the filling station.

Nwaokoye also claimed that the defendant  did not remit the said sum into the company’s account for the product he sold.

The prosecutor said the offence contravened section 285(1) and punishable under section 333 (1)(2)(c), Criminal Law of Lagos State, 2011.

However, when the charge was read to the defendant, he pleaded not guilty.

Magistrate Fabamwo granted the defendant bail in the sum of N250,000 with two sureties in like sum and adjourned the case to September 16, 2013.

– Nozure Dania, Vanguard

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