Alao Collected Subsidy For Importing 15,000 Instead Of 4,000Metric Tonnes Of Fuel

The trial on N1.1billion fuel subsidy fraud against Abdullahi Alao, son of Ibadan based business man, Arisekola Alao, resumed on Wednesday and the Court heard that the young oil magnate was paid subsidy for importing 15,000metrc tonnes of fuel while he delivered just 4,000Metric Tonnes.

Abdullahi Alao and two other oil marketers Opeyemi Ajuyah and Olanrewaju Olalusi are facing trial on charges of forging documents to perpetrate the fuel subsidy fraud.

A prosecution witness, Mr Mohammed Adedapo, an inspector of petroleum products Q and Q Control Marine Services Limited testified against the three oil marketers at the continuation of trial before Justice Lateefat Okunnu of a Lagos State High Court in Ikeja.

The marketers and their firms -Majope Investment Limited and Axenergy Limited were charged to court by the Economic and Financial Crimes Commission (EFCC).

The agency alleged that Alao and his co-defendants had imported about 4,000 metric tonnes of petroleum products but had obtained subsidy payment for 15,000 metric tonnes.

The witness who was led in evidence by EFCC counsel, Mr Francis Usani, said Q and Q was contracted by Oando Oil and Gas PLC to inspect the quantity of products brought in by a vessel, MT Brave on behalf of Majope Investment Limited.

Adedapo said the discharge was done at Lister Jetty in Apapa between January 22 and 23, 2011, adding that the vessel brought 15,000 metric tonnes.

He said about 4,000 metric tonnes was discharged into the facility while the remaining quantity was taken away by the vessel.

The witness said he wrote a protest letter to the Captain of the ship as a result of the discrepancy witnessed in the transaction.

Adedapo said he issued a Shore Tank Certificate to the marketers indicating that only 4,000 metric tonnes was discharged in the facility.

Under cross-examination by the defendants counsel, Mr Wale Akoni (SAN) and Mr Oludare Falana, he maintained that he did not sign any document indicating that 15,000 metric tonnes was discharged.

Following his denial, Falana ordered him to sign on a blank paper for comparison of the signatures.

The paper was admitted by the court as Exhibit P6.

The matter was then adjourned till July 24 for continuation of trial.

Stalled Case

In another case, the trial of three other oil marketers, Ifeanyi Anosike, Emeka Chukwu and Ngozi Ekeoma was stalled.

The marketers and their firms – Anosyke Group of Companies and Dell Energy Limited are facing trial before Justice Adeniyi Onigbanjo for an alleged N1.5 billion fuel subsidy fraud.

During Wednesday’s proceedings, Anosike’s counsel, Mr Layi Babatunde (SAN), informed the court that he was contemplating his withdrawal from the matter over some recent developments which he did not disclose to the court.

He therefore asked the court for an adjournment to enable him discuss further with his client.

The Judge adjourned the matter till Sept. 18 for mention.

EFCC to arraign four more fuel subsidy fraud suspects

Four more fuel subsidy suspects will today be arraigned by the Economic and Financial Crimes Commission (EFCC) in Abuja over the alleged fraudulent claim of N1, 051, 030, 434.63 (One billion, fifty one million, thirty thousand, four hundred and thirty four naira, sixty three kobo) from the government. Acting head of Media and Publicity of the commission, Wilson Uwajuren said.

AIhaji Saminu Rabiu, Jubril Rowaye, Alminnur Resources Limited and Brila Energy Limited wil appear before Justice Adebukola Banjoko of the FCT High Court on a 17 count charge.

The suspects are alleged to have fraudulently claimed the said amount from the Petroleum Support Fund over the supply of 10,000 metric tonnes of Premium Motor Spirit, PMS.

It will be recalled that the commission arraigned 13 suspects before a court in Lagos on similar charges last Friday.

They were Aro Samuel Bamidele, Abiodun Kayode Bankole, Ifeanyi Anosike, Emeka Chukwu, Ngozi Ekeoma, Alhaji Adamu Aliyu Maula, George Ogbonna and Emmanuel Morah.

The five companies involved are A.S.B. Investment Company Limited, Anosyke Group of Companies Limited, Dell Energy Limited, Downstream Energy Sources Limited and Rocky Energy Limited.

Fuel subsidy scam: EFCC arraigns Anosike, nine others over N10 billion

The Economic and Financial Crimes Commission (EFCC) is presently arraigning fresh suspects in the fuel subsidy scam. Reports indicate that 10 suspects comprising four companies and six individuals are being arraigned before Justice Habeeb Abiru of the Lagos High Court in Ikeja.

The suspects are among several suspects scheduled for arraignment by the Commission over the theft of N10.6 billion in dubious subsidy claims.
A statement by the spokesman of the EFCC Wilson Uwujaren, yesterday, said “among the individuals to be prosecuted are Ifeanyi Anosike, Emeka Chukwu, Ngozi Ekeoma, Alhaji Adamu Aliyu Maula, George Ogbonna and Emmanuel Morah. The companies involved are Anosyke Group of Companies Limited, Dell Energy Limited, Downstream Energy Sources Limited and Rocky Energy Limited.”

“These suspects are among several suspects scheduled for arraignment by the Commission over the theft of N10.6 billion in dubious subsidy claims.

“Anosyke Group of Companies, Ifeanyi Anosike, Dell Energy Limited, Emeka Chukwu and Ngozi Ekeoma will be arraigned on an eight count charge bordering on conspiracy to obtain by false pretence; forgery and uttering false documents to the tune of N1,537,278,880.82(One Billion, Five Hundred and Thirty Seven Million, Two Hundred and Seventy Eight Thousand, Eight Hundred and Eighty Naira, Eighty-Two Kobo), being payments fraudulently received from the Petroleum Support Fund for a purported supply of 15, 000 metric tonnes of Premium Motor Spirit.

” Downstream Energy Sources Limited, Alhaji Adamu Aliyu Maula, Rocky Energy Limited, George Ogbonna and Emmanuel Morah who will be facing trial on an eight count charge bordering on conspiracy to obtain property by false pretence; conspiracy to forge documents, forgery and uttering false documents to the tune of N789,648,329.25( Seven Hundred and Eighty Nine Million, Six Hundred and Forty Eight Thousand, Three Hundred and Twenty Nine Naira, Twenty-Five Kobo), being payments fraudulently received from the Petroleum Support Fund for a purported supply of 14,273,0227 litres of Premium Motor Spirit.”