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Lagos court deals fuel scam suspects blow

13 May 2016, 21:45

Lagos – The four business executives facing charges of fuel subsidy scam to the tune of over N978 million have failed in their application of a no-case submission.

Opeyemi Ajuayah and others, namely Majope Investment, Abdullahi Alao, Axenergy and Olarenwaju Olalusi, had made the application to overturn their prosecution at the Lagos State High Court on Friday.

Justice Latifah Okunnu has dealt the suspects’ hope for freedom a major blow.

While dismissing the application, Justice Okunnu held that the prosecution had adduced a prima-facie case against the defendants.

Also read: Nigerians react to new N145 fuel price

On the issue of wrong law as claimed by the defendants, she said the punishment for the alleged offence of conspiracy was also within the Advance Fee Fraud Act as a conspiracy to commit is was good as committing the act.

Consequently, the defendants were ordered to enter their defence.

The defendants are standing trial on an eight-count charge of conspiracy to obtain sum of N798, 98 million as subsidy payments for 15,2 million tons of petrol from the Federal Government.

Economic and Financial Crimes Commission allege the offence was masterminded in 2011.

The case has been adjourned to June 24-30 for defence. 



- CAJ News


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