A second prosecution witness in the on-going trial of Walter Wagbatsoma and four others implicated in a N1.9billion subsidy scam, on Tuesday, July 30, 2013, shed more light into how the accused persons fraudulently obtained the sum from the Petroleum Support Fund.
The witness, Muhammed Ala Shehu who was cross examined by the three defence counsel, told a Lagos State High Court sitting in Ikeja that all information contained in his testimony before the court were derived from documents sent to the Economic and Financial Crimes Commission, EFCC, and interviews conducted with various parties at the inception of the investigation of the case.
The Economic and Financial Crimes Commission, EFCC, today, July 24, 2013 arraigned two suspects, Joseph Olatunde Badmus and Akeju Isaac Bola, before Justice Mudashiru Oniyangi of the FCT High Court, Abuja on a 30-count charge bordering on conspiracy, personation and forgery.
The suspects are alleged to have been parading themselves as EFCC officials and defrauding unsuspecting victims of millions of naira under the pretext of assisting them to suppress petitions pending before the Commission.
The Economic and Financial Crimes Commission on July 24, 2013 arraigned one Gideon Oraeli before Justice R.I Ahiakwo of the State High Court, Port Harcourt on one count charge bordering on issuance of dud cheque.
Gideon allegedly got some goods from the complainant for which he made some cash payment and issued a Diamond Bank cheque number: 25622626 for the sum of N8,868,063.00 (eight million eight hundred and sixty eight thousand, sixty three naira) as the outstanding balance. But upon presentation, the said cheque was returned unpaid due to insufficient fund.