EFCC Chairman testifies against NADABO Energy, Abubakar Peters –

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EFCC Chairman testifies against NADABO Energy, Abubakar Peters –


The Economic and Financial Crimes Commission has led the evidence through its Chairman, Abdulrasheed Bawa, of how a fuel importer allegedly falsified several documents to receive fraudulent subsidy payments of more than N1.4 billion from the federal government in 2011.

Abubakar and his company are being prosecuted by the Economic and Financial Crimes Commission, over 21 charges bordering on obtaining money under false pretence, diversion of Federal Government funds, and forgery to the tune of N761,628,993.84, contrary to Section 1(3) of the Advance Fee Fraud and other Related Offences Act, 2006.



This post was written by TVCN and was first published at www.tvcnews.tv

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