An Economic and Financial Crimes Commission’s, EFCC, witness, Mr Oliver Chineke, Wednesday, revealed before an Ikeja High Court how three oil marketers, including Abdullahi Alao, son of an Ibadan business mogul, Alhaji Arisekola Alao allegedly forged documents to obtain N1.1 billion fuel subsidy payment.
The witness who was led by the EFCC counsel, Mr Francis Usani, also named Opeyemi Ajuyah and Olarenwaju Olalusi and their companies; Majope Investment Ltd. and Axenergy Ltd. to be involved in the act.
The prosecution witness, a former Lagos branch manager of Q and Q Control Marine Services Nigeria Ltd., told Justice Lateefat Okunnu that his company was contracted by Oando Oil and Gas Plc to inspect the quantity of oil products ferried by a vessel, MT Brave on behalf of Majope Investment Ltd.
More details soon
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