• About Us
  • AKIP
  • Live TV
  • Our Programs
  • Latest News
    • Church News
    • Politics
    • Foreign News
    • Security
  • Airtime
  • From GM’s Desk
  • Church of Nigeria
  • Contact
Facebook Twitter Instagram
  • AKIP
  • From GM’s Desk
  • Live TV
Facebook Twitter Instagram
Advent Cable Network Nigeria Advent Cable Network Nigeria
  • Home
  • About Us
  • AKIP
  • Latest News
    • Church News
    • Politics
    • Security
    • Foreign News
    • Sport
  • Live TV
  • Our Programs
  • Airtime
  • Church of Nigeria
  • Contact
Donate
Advent Cable Network Nigeria Advent Cable Network Nigeria
Home»ACNN News Update»BREAKING: EFCC Chairman, Bawa Testifies In N1.4billion Oil Subsidy Fraud Trial
ACNN News Update

BREAKING: EFCC Chairman, Bawa Testifies In N1.4billion Oil Subsidy Fraud Trial

ACNN TVBy ACNN TVMarch 10, 2021No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp

Led in evidence by the prosecution counsel, Mr Saidu Ateh, the EFCC chairman analysed the electronic mail correspondences of the defendant and found out that the defendants contrary to their claim took about six million litres of fuel from the mother vessel to their chartered vessel.

The Chairman of the Economic and Financial Crimes Commission, 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, Mr Saidu Ateh, the EFCC chairman analysed the electronic mail correspondences of the defendant and found out that the defendants contrary to their claim took about six million litres of fuel from the mother vessel to their chartered vessel.
The email further confirmed that the same quantity was discharged at Port Harcourt, Rivers State.

“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 said.

Bawa, before his confirmation as EFCC Chairman, appeared before the court last year 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 Nigerian 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.

Bawa in his previous testimony had told the court that based on investigation carried out on the defendant’s dealings with Staco Insurance Company, “the certificate of marine insurance used by the defendant for the transaction in question was forged.”

The matter was adjourned by Justice Balogun to February 10, 16, 23 and March 9, 2021 for continuation of trial.

saharareporters

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp

Related Posts

Focus on Eternal Life, Bishop Ezeofor Charges Christians

January 28, 2023

Adoption of Gay Blessings Would Lead to the Removal of Welby as Leader of the Anglican World — Global South Archbishops

January 28, 2023

INEC Further Extends PVC Collection Nationawide By One Week

January 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Recent Posts

INEC Further Extends PVC Collection Nationawide By One Week

January 28, 2023

Mega Churches, Schools Bar Old Naira Note Payment, Offering

January 27, 2023

Clergymen Protest Sealing Of Church By Abia Govt

January 27, 2023

Osun Guber: Adeleke Vows To Appeal Tribunal Jugdement

January 27, 2023

Elections: Follow Prayer With Action, Kumuyi Tells Christians

January 26, 2023
Advent Cable Network Nigeria

ACNNTV is the Televangelism arm of the Church of Nigeria (Anglican Communion) with focus to keep the orthodox faith alive through development of inspiring and life changing broadcast products.

Facebook Twitter Instagram
Quick Links
  • About Us
  • AKIP
  • Board of Management
  • Contact
  • Privacy Policy
Quick Links
  • Our Programs
  • Program Rates
  • From GM’s Desk
  • Live TV

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2023 Anglican Cable Network Nigeria,Abuja. Designed by Dominion Web.

Type above and press Enter to search. Press Esc to cancel.