Morah whose companies include Rocky Nigeria Limited, Rocky Oil Limited, and Rocky Energy Limited, was reportedly docked for obtaining the sum of N24m from the Chairman, Beauty and Fragrance International Limited, Alhaji Kayode Kasumu. He was said to have defrauded the complainant under a false representation that he would use the money to complete a property at No. 10 Adeola Odeku Street, Victoria Island, Lagos, within two months, and rent part of it to him.
The defendant was also alleged to have issued a Diamond Bank cheque, dated October 2, 2016, with monetary value of N10m, with account name, Rocky Energy Limited, in favour of Beauty and Fragrance International Limited, which was rejected and dishonoured on grounds of insufficient funds in the account. According to the prosecutor, Mr Justine Enang, the offences committed were contrary to and punishable under sections 1 (1) (a), (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006; and sections 1 (1) (b), (2), and section 2 of the Dishonoured Cheques (Offences) Act, CAP D11 Laws of the Federation of Nigeria, 2004. The defendant however pleaded not guilty to the charges.
After listening to the submissions of both parties, Justice Akintayo Aluko, admitted bail to the defendant in the sum of N10m with one surety in like sum. The judge, however, ordered that the defendant should be remanded in the NCS custody till the perfection of the bail terms.