Also charged with them by the Economic and Financial Crimes Commission is Fakuade Babafemi, a staff of the Petroleum Products Pricing Regulatory Authority
Browsing: Subsidy fraud
Justice Lateefat Okunnu sanctioned Oyedepo for being absent from proceedings on Wednesday when a ruling was delivered on an application in a suit the EFCC had brought against three oil marketers
Mohammed testified that although the defendant claimed the said transfer took place between January 26 and 27, 2011 at off-shore Cotonou in Benin Republic, “but our investigations showed that MT Overseas Lima was not in West African coast at the time and period
The Economic and Financial Crimes Commission on October 10, 2012, charged Abdullahi, son of a prominent businessman, Alhaji Abdullazeez Arisekola-Alao, to court
Idigbe told the court that the accused were also present in court as early as 7am for their arraignment, stressing that there was no likelihood that they would jump bail
Chidok, who was led in evidence by EFCC’s Counsel, Rotimi Jacobs (SAN), confirmed that Downstream Energy Sources Limited participated in the Petroleum Support Fund
According to the witness, though his name and signature were contained in the shore certificate presented by the defendants, he neither issued the certificate nor appended his signature on it
They had pleaded not guilty to the charge but the trial judge, Justice Ibrahim Buba, ordered the accused to be remanded at the Ikoyi Prisons pending their bail application
The accused persons allegedly defrauded the Federal Government of Nigeria by submitting forged documents and obtaining the sum from the Petroleum Support Fund as subsidy for the importation of 10,000 metric tonnes of Premium Motor Spirit