Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

EFCC files amended charge against Arisekola

11 January 2013, 16:11

Lagos - The Economic and Financial Crimes Commission (EFCC) on Friday filed an amended charge against an oil marketer, Abdullahi Alao-Arisekola, who is standing trial for an alleged N1.1 billion fuel subsidy fraud.

Abdullahi is the son of a prominent businessman, Alhaji Abdullazeez Arisekola-Alao.

The News Agency of Nigeria (NAN) reports that the amended charge was filed before Justice Lateefat Okunnu of a Lagos High Court in Ikeja.

He is being prosecuted alongside two other oil marketers, Opeyemi Ajuyah and Olarenwaju Olalusi, and their companies -- Majope Investment Ltd., and Axenergy Ltd. In the amended charge, the defendants are facing an eight-count charge bordering on conspiracy, obtaining money by false pretences, forgery, uttering and use of false documents.

 NAN recalls that the EFCC had earlier on Oct.10, 2012, arraigned the defendants on a six-count charge of conspiracy, obtaining money by false pretences, forgery, uttering and use of false documents.

They had all pleaded not guilty to the charge and were granted bail in the sum of N75 million with two sureties in like sum.

EFCC counsel, Mr Rotimi Jacobs (SAN), had alleged that the defendants had on Feb.14, 2011, fraudulently obtained N1.1 billion from the Federal Government.

Jacobs had alleged that the defendants obtained the money from the Petroleum Support Fund (PSF) for the purported importation of Premium Motor Spirit (PMS) from Europe to Nigeria.

 Jacobs had further claimed that the accused forged a document titled "Shore Tank Certificate" dated Jan. 21, 2011 purporting the document to have been issued by an officer of Q and Q Control Services Ltd.

They were also alleged to have forged other documents including bills of lading to facilitate the fraud. He had said their alleged offences contravened Sections 1, (sub-sections 1,2,3) and 8 of the Advanced Fee Fraud and other Fraud Related Offences Act, Laws of the Federation of Nigeria.

Jacobs had further stated that the alleged offences contradicted Sections 363 and 364 of the Criminal Laws of Lagos State, 2011. NAN reports that the court is yet to fix a date for the defendants to be re-arraigned on the amended charge.

NAN

NEXT ON NEWS24 NIGERIAX

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Aderonke Abimbola
Sensitivity in Nigerian journalis...

The title of this article might suggest that I’m about to lambast journalism in Nigeria, but don’t conclude yet, this article is just about sensitivity. Read more...

Submitted by
Isaac Asabor263
Of a wanderlust gone awry!

If there is any country in African continent that has for years vicariously subjected this writer to bout s of wanderlust, it is undeniably South Africa Read more...

Submitted by
Peregrino Brimah
Group declares citizen economic s...

The African People's Union expects the South African government to review its Immigration laws towards protecting and not persecuting foreigners. Read more...

Submitted by
Peregrino Brimah
#XenophobiaSA: Don’t just get mad...

Our governments in Africa are all the same, they like to get the disaffected masses fighting each other to distract them from the central ills of corrupt, vacuous governance. Read more...

Submitted by
iAmDiipo
The Rebirth of a Giant

The election came and peacefully went and we all owe the PDP-led government an appreciation for not unnecessarily holding on to a power that in truth belongs to the people.  Read more...

Submitted by
Martin Beck Nworah
Valentine Obienyem: Have you trie...

Valentine Obienyem (herein after referred to as Val or Mr. Val) is the media aide to the former Governor of Anambra State, Peter Gregory Obi.  Read more...