The
 Economic and Financial Crimes Commission (EFCC) yesterday September 
24th arraigned six fishermen Adekunle Oshingbosi; Momodu Ibrahim; Idowu Tuesday;
 Togbosi Christian; Benjamin Eyinle; Anthony Medoho,  and their company,
 Oshine Resources Ventures Limited before a Federal High Court sitting 
in Lagos for allegedly fishing in unauthorized waters.
According to the EFCC, the men were arrested on March 27th by
 officers of the Nigerian Navy for fishing in Nigerian territorial 
waters without getting authorized approval thereby violating Sections 
1(1)(2) of the Seas Fishery Act Cap S4, 2004. 
When
 the 2 count charge of conspiracy and stealing was read to the men, they
 pleaded not guilty and applied for bail through their counsel.
The
 presiding Judge, Justice Ibrahim Buba granted them bail in the sum of 
N10 million each with one surety in like sum each, who is to produce two
 recent passport photographs. They were remanded at the Ikoyi prisons 
pending when they meet their bail conditions.

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