The commission will arraign 20 Suspects for a start
The Economic and Financial Crimes Commission, EFCC, has concluded
arrangements to prosecute the first batch 20 suspectsimplicated in the
oil subsidy fraud. The suspects, comprising seven oil companies and 12
individuals, will be docked in Lagos courts.Abdulahi Alao will however
be docked in another separate charge.
The companies involved are: Nasaman Oil Services; Eternal Oil and Gas
Plc; Ontario Oil & Gas Plc; Nadabo Energy Limited; Pacific Silver
Line Limited, Axenergy Limited and Fago Petroleum and Gas Limited.
The 11 individuals involved in the scam are: Mamman Nasir Ali;
Christian Taylor; Mahmud Tukur; Ochonogor Alex; Walter Wagbatsoma;
Adaoha Ugo-Ngadi; Fakuade Babafemi Ebenezer; Ezekiel Olaleye Ejidele;
Abubakar Ali Peters; Jude Agube Abalaka, Abdulahi Alao and Oluwaseun
Ogunbanbo.
Ezekiel Olaleye Ejidele is director of the accounting firm, Akintola
Williams Deliote while Fakuade Babafemi Ebenezer is a staff of the
Petroleum Products Pricing and Regulating Agency, PPPRA.
Nasaman Oil Services; Mamman Nasir and Christian Taylor are to face
charges bordering on obtaining N4, 460, 130, 797. 94 (Four Billion, Four
Hundred and Sixty Million, One Hundred and Thirty Thousand, Seven
Hundred and Ninety Seven Naira, Ninety Four Kobo) from the Federal
Government of Nigeria under false pretence.
The sum is alleged to have been fraudulently obtained as subsidy
payments from the Petroleum Support Fund for the purported importation
of 30.5million litres of Premium Motor Spirit from SEATAC Petroleum
Limited of British Virgin Islands .
In the same vein, the anti-graft agency will equally prosecute
Abdulahi Alao and Axenergy Limited for allegedly obtaining the sum of
N2, 640, 141, 707.75 (Two Billion, Six Hundred and Forty Million; One
Hundred and Forty One Thousand; Seven Hundred and Seven Naira, Seventy
Five Kobo) being payments received from the Petroleum Support Fund for
the purported importation of 33.3 million litres of Premium Motor
Spirit.
Others include Mahmud Tukur, Ochonogor Alex; Abdulahi Alao and
Eternal Oil And Gas Plc who will be docked for fraudulently obtaining
the sum of N1, 899, 238, 946. 02( One Billion, Eight Hundred and Ninety
Nine Million, Two Hundred and Thirty Eight Thousand, Nine Hundred and
Forty Six Naira, Two Kobo) from the Petroleum support Fund for a
purported importation of 80.3million litres of Premium Motor Spirit.
Also, Nadabo Energy Limited, Abubakar Ali Peters, Jude Agube Abalaka
and Pacific Silver Line Limited are to be prosecuted for allegedly
obtaining the sum of N1, 464, 961, 978.24 (One Billion, Four Hundred and
Sixty Four Million, Nine Hundred and Sixty One Thousand, Nine Hundred
and Seventy Eight Naira, Twenty- Four Kobo ), being payments
fraudulently received from the Petroleum Support Fund for a purported
importation of 19.4million litres of Premium Motor Spirit.
Walter Wagbatsoma; Adaoha Ugo -Ngadi; Fakuade Babafemi Ebenezer;
Ezekiel Olaleye Ejidele and Ontario Oil & Gas Nigeria Limited will
be arraigned for fraudulently obtaining the sum of N1, 959, 377, 542,
.63 (One Billion, Nine Hundred and Fifty Nine Million, Three Hundred and
Seventy Seven Thousand, Five Hundred and Forty Two Naira, Sixty Three
Kobo) from the Petroleum Support Fund for a purported importation of
39.2 litres of Premium Motor Spirit.
Lastly, Fago Petroleum and Gas Limited and Oluwaseun Ogunbanbo are to
be docked for fraudulently obtaining the sum of N979,653,110.20 ( Nine
Hundred and Seventy Nine Million, Six Hundred and Fifty Three Thousand,
One Hundred and Ten Thousand Naira, Twenty Eight Kobo), from the
Petroleum Support Fund for a purported importation of 33, 627, 84 litres
of Premium Motor Spirit.
The 20 suspects are among the over 140 individuals and organisations
involved in the on- going investigations into the subsidy payments by
the EFCC. More suspects will be arraigned periodically as the
investigation progresses.
This investigation is massive and extensive; and the Commission
wishes to reassure Nigerians that every effort will be made to bring all
those who defrauded the country in the guise of subsidy for imported
fuel to book.
Source:
Premium Times