The trial of persons and organisations
indicted in the mindless abuse of the Petroleum Support Fund in the guise of
subsidy for imported fuel continued today, July 30, 2012, in Lagos with the
arraignment three more suspects - Oluwaseun Ogunbambo, Habila Theck and Fargo
Petroleum and Gas Limited- by the anti-graft agency, the Economic and Financial
Crimes Commission, EFCC.
The trio were docked before Justice
Adeniyi Onigbanjo of the Lagos High Court, Ikeja on a 6 counts charge for
conspiring to obtain the sum of N976, 653,110.28 (nine hundred and seventy six
million, six hundred and fifty three thousand, one hundred and ten naira,
twenty eight kobo only) from the federal government of Nigeria by falsely
representing that the said sum was accrued subsidy for the
importation of 13,627,084 litres of petroleum motor spirit.
They were also accused of forgery and use
of false document contrary to section 364 of the Criminal Laws of Lagos State
of Nigeria .
The accused persons pleaded not guilty to
the charge when it was read to them. Babajide Koku (SAN) counsel to the accused persons informed the court that he
had filed a bail application dated 25 of July, 2012 and served on the
prosecution. However, he said he needed time to respond to the counter
affidavit and requested for a short adjournment. Prosecution counsel, Usani Francis did not
oppose the application.
Justice Onigbanjo, consequently adjourned proceedings to Wednesday August 1,
2012 for hearing of the bail application while ordering that the accused be
remanded in EFCC custody
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