Showing posts with label subsidy-fraud. Show all posts
Showing posts with label subsidy-fraud. Show all posts

Friday, May 22, 2015

N1.1bn subsidy-fraud: EFCC re-arraigns 3 oil marketers

The Economic and Financial Crimes Commission (EFCC) on Friday re-arraigned three oil marketers--- Opeyemi Ajuyah, Abdullahi Alao and Olarenwaju Olalusi-- over an alleged N1.1 billion fuel-subsidy fraud.

The defendants were charged before Justice Lateefa Okunnu of an Ikeja High Court.

They were re-arraigned on an amended eight-count charge alongside their companies--- Majope Investment Ltd., and Axenergy Ltd.