Tag: Coscharis Motors

  • Coscharis Motors gets Rolls-Royce franchise

    Coscharis Motors gets Rolls-Royce franchise

    Coscharis Motors has been appointed as dealer of Rolls-Royce in Nigeria.

    The franchise agreement was signed by Coscharis Group management and that of Rolls-Royce Motor Cars, Germany, which was represented by its Managing Director, Mr Geoff Briscoe and the Regional Dealer Development Manager, Rolls-Royce Motor Cars Limited, Middle East, Africa and Latin America, Mr Mohamed Fawzi in Lagos.

    Coscharis team was led by its President/Chief Executive Officer, Dr Cosmas Maduka and the Group Managing Director, Mr Josiah Samuel.

    Maduka expressed joy over the achievement attained by the firm in signing on a high premium brand, such as Rolls-Royce, which celebrated its 10 years of production at the Home of Rolls-Royce in Goodwood, England early this year.

    He said the choice of Rolls-Royce was borne out of its continued stance in identifying with world-class brands in keeping with the firm’s vision to build an institution that will be timeless in its relevance.

    According to him, a well-defined concept was initiated beforehand in which the market was analysed.

    Samuel expressed optimism that with the support of the brand, the company would grow the clientele base of the Rolls-Royce brand in Nigeria , assuring its customers of after sales service.

    Briscoe said in 10 years, Rolls-Royce has established a reputation as the benchmark of craftsmanship excellence, pointing out that the cars will celebrate the first of many decades in the British manufacturing success story.

    He stated that a commitment to perfection underlines Rolls-Royce’s position at the pinnacle of super-luxury manufacturing and was glad that Coscharis has joined the brand’s family, assuring it of its support in growing the market in Nigeria.

    He said Rolls-Royce Motor Cars was thrilled to get deal.

    According to him, the purchase of a Rolls-Royce car is a unique and personalised process, adding that the motor firm has tailored its service to every customer’s needs.

  • EFCC arraigns Kebbi director for N64million fraud

    EFCC arraigns Kebbi director for N64million fraud

    The Economic and Financial Crimes Commission(EFCC) on Thursday arraigned a Director with the Kebbi state, Ministry of Finance Yahyah Saidu Andarai and one  Farouk Abubarka Uduli before an Ikeja High Court for allegedly stealing N64million belonging to Coscharis Motors Ltd.

    The suspects and others at large   were arraigned before Justice Adeniyi Onigbanjo of the Lagos High Court, Ikeja.

    The EFCC arraigned the first defendant, Yahyah Saidu Andarai on a 27 count charge of conspiracy , fraud and stealing while the second defendant was arraigned only on a two count charge.

    The second defendant who does not understand English had the charges preferred against him translated to him by a law student.

    The EFCC, counsel Oluwabumi Abosede, said that the defendants had committed the said offence between  August 26, 2009 and August, 2, 2012, in MazaMaza area of Lagos.

    She said that sometime on August 2010, the first defendant allegedly stole 20 units of Ax Motorcycle valued at N2.2million

    The commission further alleged  that on August 26, 2009, with intent to defraud, Andarai, converted into personnal use the sum of N17million,  entrusted to him by the  National Union of Local Government Employees (NULGE) Jega Local Government,  Kebbi state.

    According to  the EFCC, the offence committed is contrary to section 309 Cap 2 laws of Lagos state.

    The EFCC alleged that the defendants  converted the said sum into their personal use.

    It said that the amount represented the proceed of AX motorcycles, property of Coscharis Motors entrusted to them on behalf of Jega National Union Local Government Employees of Kebbi state.

    The defendants pleaded not guilty to the charges preferred against them.

    Counsel to the first defendant, Odu Hycinth, in oral application pleaded with the court  that the first defendant  be remanded in EFCC’s custody because of ill health, pending when he will meet his bail conditions.

    He claimed that Andarai, is an hypertensive patient and has always been to the Military hospital at Ikoyi, very close to the EFCC office.

    He also said that the first defendant is a very responsible man and also a serving director with the ministry of finance in Kebbi state adding that he would be available for trial any time the matter comes up.

    Hyacinth, further assured the court that  the first defendant  is  credible and will be in court on all adjourned date.

    But the prosecution opposed the plea saying  “I know that the proper place after arraignment is prison custody.”

    “I will allow the court to use its discretion because am not aware of his health issues.” She said.

    However Justice Onigbanjo ruled in favour of the first defendant.

    He said that he doesn’t see any reason why the first defendant should be taken back to the EFCC’s custody.

    Onigbanjo, however granted the two defendants bail in the sum of N2million, with two sureties in like sum.

    He adjourned the matter to November 20, 2013, for trial.