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| AKINTOYE AKINDELE |
For allegedly being involved in theft to the tune of $5,636,397.01m and N73,543,763.25, respectively, the Managing Director (MD) and Chief Executive Officer (CEO) of Duport Midstream Company Limited, Akintoye Akindele has been dragged to court.
Akindele, alongside his firm, was dragged before a Federal High Court, Abuja, by the Inspector General of Police (IGP), Kayode Egbetokun, in a criminal charge designated FHC/ABJ/CR/570/2023, and signed by its counsel, DCP Simon Lough (SAN).
The criminal charge, dated December 4, 2023, reads: “That you, Akintoye Akindele, Male, 49 years MD/CEO of Duport Midstream Company Limited of D2 Mambila Close, Osborne Estate, Ikoyi, Lagos, and Duport Midstream Company Limited of 42, Alexander Avenue, Ikoyi, Lagos, between October 2017 and November 2021, in Lagos State, within the jurisdiction of this honourable court, while acting in concert, conspire together to commit felony to wit: stealing by conversion of the sum of $5,636,397.01 Million USD and N73,543,763.25, you thereby committed an offence contrary to Section 516 of the Criminal Code Law, Cap C38, Laws of the Federation of Nigeria, 2004.
“That you, Akintoye Akindele, Male, 49 years MD/CEO of Duport Midstream Company Limited of D2 Mambila Close, Osborne Estate, Ikoyi, Lagos, and Duport Midstream Company Limited of 42, Alexander Avenue, Ikoyi, Lagos, between October 2017 and November 2021, in Lagos State, within the jurisdiction of this honourable court, while acting in concert stole by dishonest conversion to your use the sum of 5,636,397.01 Million USD and N73,543,763.25, property of Summit Oil International Limited, you thereby committed an offence contrary to Section 387 and punishable under Section 390 of the Criminal Code Law, Cap C38, Laws of the Federation of Nigeria 2004.
“That you, Akintoye Akindele, Male, 49 years MD/CEO of Duport Midstream Company Limited of D2 Mambila Close, Osborne Estate, Ikoyi, Lagos, and Duport Midstream Company Limited of 42, Alexander Avenue, Ikoyi, Lagos, between October 2017 and November 2021, in Lagos State, within the jurisdiction of this honourable court, while acting in concert stole the sum of $5,636,397.01 Million USD and N73,543,763.25, property of Summit Oil International Limited, which you received from Shell Western Supply and Trading Limited under direction to transfer same to Summit Oil International Limited, you thereby committed an offence contrary to Section 385 and punishable under Section 390 of the Criminal Code Law, Cap C38, Laws of the Federation of Nigeria, 2004.
“That you, Akintoye Akindele, Male, 49 years MD/CEO of Duport Midstream Company Limited of D2 Mambila Close, Osborne Estate, Ikoyi, Lagos, and Duport Midstream Company Limited of 42, Alexander Avenue, Ikoyi, Lagos, between October 2017 and November 2021, in Lagos State, within the jurisdiction of this honourable court, while acting in concert stole by dishonest conversion to your use the sum of $5,636,397.01 Million USD and N73,543,763.25, property of Summit Oil International Limited, which you received from Shell Western Supply and Trading Limited on behalf of Summit Oil International Limited, on account of the contract you and your company entered into with Shell Western Supply and Trading Limited and you failed to deliver the money to Summit Oil International Limited, you thereby committed an offence contrary to Section 380 and punishable under Section 390 of the Criminal Code Law, Cap C38, Laws of the Federation of Nigeria 2004.”
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