Alleged N1.4billion Subsidy Fraud: EFCC Chairman Testifies in Court

Alleged N1.4billion Subsidy Fraud: EFCC Chairman Testifies in Court

  • EFCC chairman, Abdulrasheed Bawa has revealed to a Lagos High Court details of alleged forged documents by an oil marketer
  • The anti-graft agency gave a detailed explanation of how the commission carried out extensive findings on the matter
  • Meanwhile, the trial was stalled on Tuesday, September 21, following the absence of the defence counsel as several documents were obtained as proof of evidence

Ikeja, Lagos- The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa disclosed to a Lagos High Court in the Ikeja Area how an oil marketer, Abubakar Peters, and his company, Nadabo Energy Limited, forged documents to obtain N1.4bn as subsidy from the federal government.

Channels TV reports that the EFCC boss, who was in the witness box for over 6 hours on Wednesday, September 22, gave extensive details of how the EFCC conducted its investigations and uncovered the fraud.

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Through the witness, the court also admitted in evidence several documents as proof of the alleged fraud.

Alleged N1.4bn subsidy fraud: EFCC chairman, Bawa testifies in court
The EFCC chairman, Abdulrasheed Bawa has testified in court, accuses Nadabo Energy of an alleged N1.4bn subsidy fraud. Photo credit: Economic and Financial Crimes Commission
Source: Facebook

It equally received a petition from the law firm of Senior Advocate of Nigeria, Femi Falana, a report by The New Telegraph also indicate.

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Meanwhile, Bawa will be back in court on Monday, November 1st, for his cross-examination.

AMCON takes over prominent former governor's properties over N5bn debt

In another development, the Asset Management Corporation of Nigeria (AMCON) has taken over a mansion and other properties belonging to Abdulfatah Ahmed, former governor of Kwara state, over a N5 billion debt.

It was reported that the Federal High Court in Lagos gave AMCON the order on Wednesday, September 22.

Legit.ng gathers that Jude Nwauzor, AMCON’s spokesperson, said the former governor, who is one of the founders of the Rescue Nigeria Project (RNP), is a high-profile obligor of AMCON.

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BREAKING: AMCON takes over prominent former governor's properties over N5bn debt

Nigerian man enlists into the NIS, advances career to chief superintendent with forged certificates

Earlier, Legit.ng reported that it seems the Independent Corrupt Practices and Other Related Offences Commission (ICPC), is not ready to let go of any criminal act in Nigeria.

This follows the arraignment of a retired Chief Superintendent of Nigeria Immigration Service (NIS), Imam Aminu.

He was arraigned by the commission over alleged forgery of academic certificates.

Source: Legit

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