Police charge Lagos businessman Akintoye Akindele for offering N150 million bribe to officer probing $5.6 million fraud

The Inspector-General of Police, Kayode Egbetokun, has charged the chairman of Duport Midstream Company, Akintoye Akindele, to court for allegedly offering a police officer a bribe of N150 million.

According to a court document filed on August 18 and obtained by the Gazette, Mr Akindele is being charged before the Federal Capital Territory High Court for offering a bribe to a Superintendent of Police (SP), Ibrahim Sini, investigating his $5 million fraud case.

Mr Egbetokun is the claimant, and Mr Akindele is the sole respondent in the suit.

The police said the investigation followed a petition submitted to the Inspector-General of Police FIB by Summit Oil International Limited.

Mr Akindele’s ordeal began with a petition to the Nigeria Police Force that alleges he sold crude oil to Duport Midstream Company Limited, a firm he currently serves as interim managing director, and received payment for it.

He reportedly failed to account for the transaction when confronted and opposed all attempts by the board-appointed forensic auditor to look into anomalies in the company’s financial records.

To obstruct the ongoing investigation, flee abroad and ensure that the police provide a favourable report on his case, Mr Akindele,49, allegedly offered a bribe to the officer in charge.

The police said his offence is punishable under section 118 of the penal Code Law.