Wednesday, November 14, 2012

EFCC arraigns more fuel subsidy suspects

The Economic and Financial Crimes Commission (EFCC) has arraigned another oil marketer, Rowaye Jubril before the Lagos state high court sitting in Ikeja over an alleged N963.7 million fuel subsidy fraud.
Jubril, alongside his company, Brila Energy limited, was arraigned on a 13-count charge bordering on obtaining money by false pretence, forgery and alteration of document.
Reading the charge, counsel to the anti-graft commission, Mr. Seidu Atteh alleged that the defendants had between October 2010 and May 2011 in Lagos fraudulently obtained the sum of N963.7 million from the petroleum support fund for a purported importation of 17.3 million litres of premium motor spirit (PMS).
Jubril, however, pleaded not guilty to the charges and Justice Okunnu in a ruling on the bail application granted him bail in the sum of N75 million with two sureties in like sum.
He is also to deposit his international passport and other travelling documents in the court and must not travel without the court’s permission.
The matter was adjourned to January 23, 2013 for trial.

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