However, during the hearing of several applications filed by the defendants, the court had struck out the name of Chukwuma’s company, Innoson Nigeria Limited, from the charge.
In the four counts amended charge, filed before the court by Director of Public Prosecutions of the Federation, Federal Ministry of Justice Mohammed Saidu Diri, it was alleged that, Innoson Nigeria Limited, Innocent Chukwuma, Charles Chukwu, Maximian Chukwura, Mitsui Osk Lines and Annajekwu Sunny between January, 2010, and April 2011, at Apapa Wharf conspired amongst themselves to wit, falsification of shipping documents which they deposited with Mitsui Osk Lines Lagos, which was used as collateral for the purpose of clearance of raw materials polyinlchloride (PVC) for the production of roof ceiling and other imported items.
The accused persons were also alleged to have without lawful authority and with intent to defraud, utter the shipping clearance documents to the shipping Line Mitsui Osk Lines which was used as collateral for the purpose of obtaining a loan of N2.4 billion from Guaranty Trust bank Plc for the purpose of clearing raw materials Polyvinylchloride (PVC) for the production of roof ceiling and other imported items
They were further alleged to have falsely and fraudulently represented as genuine, the uttered shipping documents and presented same to Guaranty Trust bank Plc to obtain a loan of N2.4 billion.
The alleged offences according to the prosecution are contrary to and punishable under sections 3(6),1(2)(C) of the miscellaneous offences Act Cap. M 17 Laws of the Federation, 2004.