Abuja - The Economic and Financial Crimes Commission (EFCC) has declared a German national, Azmat Mohmood, wanted for his alleged involvement in petroleum subsidy scam.
According to the Commission, Mohmood a German citizen of Pakistani-extraction is an international petroleum trader, whose company, Nimex Petroleum Limited is involved in a case for which ASB Investment, Aro Samuel Bamidele and Abiodun Kayode Bankole are already standing trial before a Lagos State High Court in Ikeja.
Briefing journalists at the Commission's office, Wilson Uwujaren, Head, Media and Publicity, stated that Nimex Petroleum Limited allegedly sold and shipped 38 million litres of Premium Motor Spirit to the defendants – ASB Investment, Bamidele and Bankole - for which they allegedly received N1,3 billion as subsidy for products that were never supplied.
He also told the journalists that two Indian nationals, Sailesh Kumar Singh and Chadrashekar Sharma were successfully prosecuted by the Commission and convicted by the court.
The EFCC official said the duo were among oil thieves arrested in Brass, Bayelsa State in 2012 by the Joint Task Force with 157 000 litres of stolen crude oil.
- CAJ News