Alleged N1.4bn oil subsidy fraud: EFCC’s chairman, Abdulrasheed Bawa testifies in court

Alleged N1.4bn oil subsidy fraud: EFCC’s chairman, Abdulrasheed Bawa testifies in court

The resumed trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, over an alleged N1.4 billion oil fraud, is underway before Justice Sedoton Ogunsanya of the Lagos State High Court, Ikeja.

The Economic and Financial Crimes Commission (EFCC) is prosecuting Mr.  Peters and his company on a 21-count charge bordering on obtaining money under false pretense, diversion of Federal Government funds, and forgery.

The trial, which began in October 2015, resumed on Wednesday with the opening of the second prosecution witness, the EFCC’s chairman, Abdulrasheed Bawa, who is…

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Alleged N1.4bn oil subsidy fraud: EFCC’s chairman, Abdulrasheed Bawa testifies in court

 

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