The defendant and her company, Omritas Energy Limited, face a five-count charge bordering on stealing and issuance of dud cheques.
In one of the counts, Philips and Omritas Energy in 2016 “fraudulently converted and stole N57,690,000, property of AYM Shafa Limited”.The cheque issued, when presented for payment, was dishonoured by the bank due to insufficient funds. Phillips pleaded “not guilty” to the charges. Prosecuting counsel, T. J. Banjo prayed the court for a trial date and for her remand.
Defence counsel, Akin Olatunji told the judge that a bail application had been filed and served on the prosecution.The defendant will remain at a Correctional Centre until the next hearing.