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Court Admits More Evidence Against Nigerian Oil Mogul, Ali Peters In Alleged N761 6million Subsidy Scam

Court Admits More Evidence Against Nigerian Oil Mogul, Ali Peters In Alleged N761 6million Subsidy Scam
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EFCC Chairman Appears As Star Witness In N761m Subsidy Fraud Trial

EFCC Chairman Appears As Star Witness In N761m Subsidy Fraud Trial
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BREAKING: EFCC chairman, Bawa testifies in N1 4bn oil subsidy case

By Henry Ojelu Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has appeared before an Ikeja High Court to give evidence in a N1.4 billion fraud trial involving an oil company, Nadabo Energy. Bawa, before his confirmation as EFCC chairman, had earlier appeared before the court last year as a 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 14,000mt. The defendants had pleaded not guilty to the prosecution’s fraud charge.

N1 4bn subsidy trial: Bawa testifies in court

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, appeared before an Ikeja High Court in Lagos on Wednesday to give evidence in the N1.4 billion fraud trial involving an oil company, Nadabo Energy. Led in evidence by the prosecution counsel, Mr Saidu Ateh, Bawa analysed the email correspondences of the defendants […]

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