The Economic and Financial Crimes Commission, EFCC, on July 25, 2012, arraigned the Chief Executive Officer of Tafag Nigeria Limited, Engr Thompson O Aguheva, before Justice Olukayode Adegbola Adeniyi of the High Court of the Federal Capital Territory , sitting in Apo, Abuja , on a two count charge of issuing a dud of about five point seven million naira (N5.7m).
N32.8 BILLION POLICE PENSION FRAUD: APPEAL COURT STRIKES OUT DANGABAR’S APPLICATION TO DEFREEZE ACCOUNTS, ASSETS
The court of appeal sitting in Abuja has dismissed an application filed by Esai Dangabar, one of the six suspects who allegedly defrauded the Police Pension Office to the tune of N32.8 Billion naira (Thirty Two billion, Eight Hundred million naira). Dangabar filed the application, challenging the decision of Justice Lawal H. Gumi of the FCT High Court which ordered the Economic and Financial Crimes Commission, EFCC, to attach and take possession of his assets and to freeze his bank accounts.
The Economic and Financial Crimes Commission, EFCC, has concluded arrangements to prosecute the first batch 18 suspects implicated in the oil subsidy fraud. The suspects, comprising six oil companies and 11 individuals, will be docked in Lagos courts.
The companies involved are: Nasaman Oil Services; Eternal Oil and Gas Plc; Ontario Oil & Gas Plc; Nadabo Energy Limited; Pacific Silver Line Limited, Axenergy Limited and Fago Petroleum and Gas Limited.