• Latest
  • Trending
  • All
EFCC

$1.6 Fraud: RCCG Popular Pastor Arraigned by EFCC

September 24, 2020
INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial

INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial

July 16, 2026
CSOs Reject 'False Narratives' on Ajiran Double Murder, Demand Justice for Victims

CSOs Reject ‘False Narratives’ on Ajiran Double Murder, Demand Justice for Victim

July 15, 2026
PFIPC: NGIJ Insists on Independent Probe, Faults Premature Exoneration

PFIPC: NGIJ Insists on Independent Probe, Faults Premature Exoneration

July 15, 2026
Pastor Folu Adeboye @78

Pastor Folu Adeboye (Mommy GO) @ 78 – A Life that Never Stops Giving

July 13, 2026
WAEC Ready to Commence Exams April 30 - Council

WAEC, NECO Fee Hike Sparks Outrage as Atiku, Parents, Groups React

July 12, 2026
2027 ELECTIONS: INEC Extends Deadline For Presidential Candidates, Others

2027 ELECTIONS: INEC Extends Deadline For Presidential Candidates, Others

July 12, 2026
Gospel Singer, Crew Escape Death In Ghastly Car Accident

Gospel Singer, Crew Escape Death In Ghastly Car Accident

July 12, 2026
5 Suspected Cultists Arrested as Lagos Police Bust Criminal Hideout

5 Suspected Cultists Arrested as Lagos Police Bust Criminal Hideout

July 12, 2026
Rotary Club Launches Vision, Hearing Screening for Public School Pupils in Lagos

Rotary Club Launches Vision, Hearing Screening for Public School Pupils in Lagos

July 9, 2026
NYCN Europe Appoints Dr Adekunle Badmus Youth Ambassador in Turkey

The Global Clusters Marks 2nd Anniversary, Launches ‘Content Revolution’ to Drive Nat’l Devt

July 13, 2026
Expert Exposes New Human Trafficking Tactics, Global Criminal Networks

Expert Exposes New Human Trafficking Tactics, Global Criminal Networks

July 8, 2026
Warnings to the Nations

Popular Cleric Releases Shocking Prophecies on Banditry, USA, Tinubu, Sanwo-Olu, Kings, Osun Gov in ‘Warnings To The Nations’

July 5, 2026
Primate Ayodele Kicks-Off Three Days Philanthropic Engagements In Ekiti

Primate Ayodele to Launch Revered Prophecy Series, ‘Warnings to the Nations,’ in July

June 28, 2026
FG Appoints Ex-UNILAG VC Ogundipe As NUC Chairman

FG Appoints Ex-UNILAG VC Ogundipe As NUC Chairman

June 23, 2026
Emirates Recycles 88,000kg of Plastic into New Inflight Dining Products

Emirates Unveils Exquisite Summer Benefits for Dubai-Bound Travellers

June 22, 2026
UK Prime Minister Announces Resignation Date Over Mounting Labour Pressure

UK Prime Minister Announces Resignation Date Over Mounting Labour Pressure

June 22, 2026
Saturday, July 18, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Crime/General

$1.6 Fraud: RCCG Popular Pastor Arraigned by EFCC

by TheConscience NG
September 24, 2020
in Crime/General, Featured
0
EFCC
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

EFCC arraigned redeemed Pastor Oluokun of Peak petroleum for fraud

 

The trial of an RCCG Assistant Pastor, Ayodeji Ibrahim Oluokun continued on Wednesday September 23 at the Ikeja Special Offences Court, Lagos.

Oluokun who is said to be an Assistant Pastor of Redeemed Christian Church of God (RCCG), City of David Parish, Victoria Island, Lagos, was dragged before the court on alleged issuance of dud cheques worth $1.6 million by the Economic and Financial Crimes Commission (EFCC), TheConscience reports.

Oluokun who is also an oil marketer was charged before Justice Oluwatoyin Taiwo led-court alongside his oil firm, Peak Petroleum Industry Nigeria Limited.

The defendant and his company were first arraigned before the court on January 21, 2019, on two counts charge of the offence. The charge was later reviewed to five count charges on July 30, this year upon additional facts which emerge as a result of Investigation.

READ MORE:  Kaduna Couple Arraigned For Alleged N10m Land Fraud

EFCC arraigned redeemed Pastor Oluokun of Peak petroleum for fraud

EFCC has so far called three witnesses, the complainant, the company secretary and a staff of Standard Chartered Bank Nigeria Limited to prove the allegations against the defendant

EFCC in a charge marked ID/8509c/19, alleged that the defendant and his company, sometimes in 2014, approached the management of GOSL Nigeria Limited, for a loan of $1 million and $666,666 respectively to enable him carry out operation activities in his company’s oil field in Bayelsa State.

Pastor Oluokun was said to have assured the company which is the complainant in the charge against him, that he would repay the money within a year.

EFCC arraigned redeemed Pastor Oluokun of Peak petroleum for fraud

Following the defendant’s failure to repay the loan as promised, he was alleged to have issued two post-dated Standard Chartered Bank Nigeria Limited cheques dated June 26, 2014 for the sum of $1 million and $666,666 respectively.

Read More: Alleged N200m Fraud: How Director Used Access Bank Online Platform

READ MORE:  Alleged Money Laundering: EFCC Witness Says Yahaya Bello, Co-Defendants Never Paid Firm For Property

The EFCC stated that upon presentation of the cheques to the bank for withdrawal by the complainant for withdrawal on several occasions, they were returned due to insufficient funds.

The offence according to the prosecution is contrary to and punishable under Section 1(1) (b) of the Dishonoured Cheques (Offences) Act, Cap D 11 Laws of the Federation of Nigeria, 2004.

The Pastor had, however, pleaded not guilty to the charges and accordingly admitted to bail in some terms and conditions.

Read More: Access Bank to Pay N5M for Breaching Customers Right

the charges read: “That you, Ayodeji Ibrahim Oluokun and Peak Petroleum Industry Nigeria Limited, on or about 26th June, 2014, at Lagos within the Ikeja Judicial Division issued a Standard Chartered Bank Nigeria Limited Cheque dated 26th June, 2014 for the sum of $1,000,000 (One Million Dollars) only payable to GOSL Nigeria Limited, which when presented for payment was dishonoured on the grounds that no sufficient funds were standing to the credit of the account on which cheque was drawn.”

READ MORE:  Court remands Popular Social media influencer to prison over alleged N110m fraud

Dud cheque issuance: Pastor’s trial resumes December 10

The second count reads: “That you, Ayodeji Ibrahim Oluokun and Peak Petroleum Industry Nigeria Limited, on or about 26th June, 2014, at Lagos within the Ikeja Judicial Division issued a Standard Chartered Bank Nigeria Limited Cheque dated 26th June, 2014 for the sum $666,666 (Six Hundred and Sixty-Six Thousand, Six Hundred and Sixty-Six Dollars only) payable to GOSL Nigeria Limited which when presented for payment was dishonoured on the grounds that no sufficient funds were standing to the credit of the account on which cheque was drawn.”

 

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading…

Related

Tags: EFCCOluokunPastorPeak petroleumRCCG
ShareTweet
Previous Post

Group Raises Alarm over Plot to Disrupt Saro-Wiwa’s Memorial

Next Post

LUXURY HOUSING: Cobble Hill Real Estate Offers (PHOTOS)

TheConscience NG

TheConscience NG

Related Posts

INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial
Crime/General

INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial

by TheConscience NG
July 16, 2026
CSOs Reject 'False Narratives' on Ajiran Double Murder, Demand Justice for Victims
Crime/General

CSOs Reject ‘False Narratives’ on Ajiran Double Murder, Demand Justice for Victim

by TheConscience NG
July 15, 2026
PFIPC: NGIJ Insists on Independent Probe, Faults Premature Exoneration
Crime/General

PFIPC: NGIJ Insists on Independent Probe, Faults Premature Exoneration

by TheConscience NG
July 15, 2026
5 Suspected Cultists Arrested as Lagos Police Bust Criminal Hideout
Crime/General

5 Suspected Cultists Arrested as Lagos Police Bust Criminal Hideout

by TheConscience NG
July 12, 2026
Expert Exposes New Human Trafficking Tactics, Global Criminal Networks
Crime/General

Expert Exposes New Human Trafficking Tactics, Global Criminal Networks

by TheConscience NG
July 8, 2026
Police Appoint 3rd PRO In 9 Months, Meet CSP Anietie Okokon
Crime/General

Police Appoint 3rd PRO In 9 Months, Meet CSP Anietie Okokon

by TheConscience NG
June 22, 2026
Next Post
Cobble Hill luxury housing

LUXURY HOUSING: Cobble Hill Real Estate Offers (PHOTOS)

No Result
View All Result

Recent Posts

  • INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial
  • CSOs Reject ‘False Narratives’ on Ajiran Double Murder, Demand Justice for Victim
  • PFIPC: NGIJ Insists on Independent Probe, Faults Premature Exoneration
  • Pastor Folu Adeboye (Mommy GO) @ 78 – A Life that Never Stops Giving
  • WAEC, NECO Fee Hike Sparks Outrage as Atiku, Parents, Groups React

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d