EFCC chairman accuses FG officials of complicity in alleged N1.4bn Oil Subsidy Fraud

EFCC chairman accuses FG officials of complicity in alleged N1.4bn Oil Subsidy Fraud

The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for an alleged N1.4billion fraud, before Justice Chris Balogun of the Lagos State High Court sitting in Ikeja continued on Tuesday, November 16 2021, with the Court admitting in evidence all the documents tendered by the prosecution against the defendants.

Mr Abubakar and his company are being prosecuted by the Economic and Financial Crimes Commission for allegedly using forged documents to obtain N1,464,961,978.24 from the Federal Government as oil subsidy, after allegedly inflating the quantity of…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *