A Review of the Nigerian Energy Industry

EFCC amends subsidy fraud charge against three marketers

EFCC-Chairman03 April 2014, Lagos – The Economic and Financial Crimes Commission on Wednesday filed a 26 amended count against three oil markers facing a N789.6m subsidy fraud trial.

The EFCC counsel, Mr Rotimi Jacobs, SAN, confirmed this at the resumption of the trial of the marketers before Justice Lateefat Okunnu of the Ikeja High Court.

The marketers,  Adamu Maula, George Ogbonna and Emmanuel Morah, were being prosecuted alongside their firms – Downstream Energy Sources Ltd and Rocky Energy Ltd.

The EFCC alleged that the marketers did not import the 10,862 metric tonnes of Premium Motor Spirit for which they received subsidy payment from the Federal Government.

They were earlier arraigned before the court on an eight-count charge bordering on conspiracy, obtaining money by false pretences, forgery, uttering and use of false documents.

At the proceedings, their counsel, Messrs Abubakar Shamsudeen and Eubena Ahmedu, informed the court that they were served with the amended charge only a few days ago.

They, therefore, asked the court for a short adjournment to enable them study the content of the charge and give proper advice to their clients.

The News Agency of Nigeria reports that the matter was consequently adjourned till April 9, for continuation of trial.



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