The Port Harcourt zonal office of the Economic and Financial Crimes Commission (EFCC) has arraigned Ebioenang George for alleged fraud.
George allegedly made N37 million from his victims through forgery and false pretence.
The defendant was arraigned at the Federal High Court sitting in Port Harcourt, the Rivers State capital.
Justice E. A. Obile ordered the defendant to be remanded in prison custody.
George is to face a 23-count charge bordering on forgery and obtaining by false pretence.
He allegedly used his company, Bravem Service Limited, posing as an official of the Nigerian National Petroleum Corporation (NNPC) to collect N37 million from his victims after promising to supply them with two barrels of Bonny Light Crude.
The defendant, who was docked alongside his company, Bravem Services Limited, pleaded not guilty to the charges.
Following his plea, the court renamed him in Port Harcourt Correctional Centre and adjourned the matter till April 7.
