The Economic and Financial Crimes Commission has just issued the statement below declaring wanted, marketers who allegedly “obtained billions of naira as subsidy payments from the Petroleum Support Fund under false pretence, and disappeared in the wake of the Commission’s investigation of the subsidy regime.

The marketers are Abdul Afeez Olarenwaju Olabisi of Fargo Petroleum and Gas Limited, Abubarka Peters Ali Jeldi, managing director of Nadabo Energy Limited and Ikechukwu Onuabuchi Nworgu of Star Inspection Services Nigeria Limited .

The EFCC says it has launched a manhunt for them “for offences bordering on Criminal Conspiracy, Forgery, Obtaining Money by False Pretences and Money Laundering running into several billions of naira”.
Read full statement below

Fuel Subsidy Scam: EFCC DECLARE MARKETERS WANTED
The Economic and Financial Crimes Commission, EFCC, has declared three oil marketers implicated in the multi- billion naira fuel subsidy scam wanted.

The trio of Abdul Afeez Olarenwaju Olabisi of Fargo Petroleum and Gas Limited, Abubarka Peters Ali Jeldi, managing director of Nadabo Energy Limited and Ikechukwu Onuabuchi Nworgu of Star Inspection Services Nigeria Limited are wanted by the Commission for offences bordering on Criminal Conspiracy, Forgery, Obtaining Money by False Pretences and Money Laundering running into several billions of naira.

Olabisi, 31, hails from Kwara State and speaks Yoruba, Hausa and English languages fluently. His last known address is Fargo Petroleum and Gas Limited.

Jeldi, 34, is of the Igala stock from Kogi State , North Central Nigeria. He speaks his native Igala, Hausa and English languages fluently. His last known address are 4B Louis Solomon Close, Victoria Island, Lagos and 15 Ogbunike Street , Lekki, Lagos .

Nworgu, 46, hails from Abia State. He speaks Igbo and English fluently. His last known address is Star Inspection Services Nigeria Limited, 4A, Lander Close, Off Liverpool Road, Apapa – Lagos .

The trio allegedly obtained billions of naira as subsidy payments from the Petroleum Support Fund under false pretence, and disappeared in the wake of the Commission’s investigation of the subsidy regime.

The Commission enjoins anyone having information as to their whereabouts to contact its Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers: 09-4604620, 070-26350721, 070-26350722, 070-26350723, 070-6350724, 070-26350725; or by e-mail to: info@efccnigeria.org or the nearest Police Station.

Wilson Uwujaren
Ag. Head, Media & Publicity
7th September, 2012

Mr. Ogunbambo’s bail application hit a snag because of his prior attempt to evade prosecution. After the EFCC seized his two international passports to ensure that he did not escape trial in the Stambic IBTC loan scam, Mr. Ogunbambo was arrested at an airport in Dublin, Ireland. Investigators say he was carrying a huge amount of cash in a country where it is highly unusual to do so.

Following Mr. Ogunbambo’s arrest in Dublin, the EFCC re-invited him, aware that he must have obtained another international passport with which he traveled.

At today’s hearing, the court was informed that Mr. Ogunbambo uses multiple identities to travel to different countries, changing names at will. The EFCC disclosed, for instance, that the accused identifies himself in the United Kingdom as Benson Adekunbo Aladapo Sobowale.

Mr. Ogunbambo’s counsel made a valiant effort to persuade the court to grant him bail, but the presiding judge was not impressed. Instead, Justice Onigbanjo held that, in light of Mr. Ogunbambo’s crooked history of illicitly obtaining an international passport, it would amount to aiding his escape if he was granted bail. He noted that the accused could easily obtain another passport and flee Nigeria’s borders.
Barring a successful appeal, Mr. Ogunbambo will remain in Ikoyi Prison until the conclusion
of his trial.