EFCC boss, Bawa in court over N1.4bn oil subsidy fraud trial

Spread the love

I

Chairman of the Economic and Financial Crimes Commission( EFCC) Abdulrasheed Bawa on Wednesday appeared before an Ikeja High Court to give evidence in a N1.4 billion fraud trial involving an oil company, Nadabo Energy.

Led in evidence by the prosecution counsel, Saidu Ateh before Justice C. A. Align, the EFCC boss analysed the email correspondences of the defendant.

He said investigation revealed that the defendants, contrary to their claims took about 6 million litres PMS from the mother vessel to their chartered vessel.

He said the email further confirmed that the same quantity was discharged at Port-Harcourt.

“In addition, the email also informed us that one Mr Jide Akpan was the agent of the vessel.

“We invited the said Akpan and during the course of our interrogation with him he confirmed that the first defendant through the second defendant deferred the vessel and paid for it.”

Bawa had last year appeared before the court as prosecution witness.

The EFCC had accused Abubakar Ali Peters and his company, Nadabo Energy of allegedly using forged documents to obtain N1,464,961,978.24 from the Federal Government as oil subsidy after allegedly inflating the quantity of premium motor spirit, PMS purportedly supplied to 14,000M.

The defendants had pleaded not guilty to the prosecution’s fraud charge.