The Economic and Financial Crimes Commission on Friday re-arraigned three oil marketers — Opeyemi Ajuyah, Abdullahi Alao and Olarenwaju Olalusi — over an alleged N1.1bn fuel-subsidy fraud.

The News Agency of Nigeria reports that the defendants were charged before Justice Lateefa Okunnu of an Ikeja High Court.

They were re-arraigned on an amended eight counts alongside their companies — Majope Investment Limited and Axenergy Limited.

NAN also reports that the defendants had been previously arraigned on October 10, 2012 on a nine counts of conspiracy, obtaining money by false pretences, forgery and use of fake documents.

They had pleaded not guilty to the charges and were granted bail then.

At the resumed sitting in the case on Friday, the EFCC counsel, Mr Seidu Atteh, informed the court that the prosecution had amended the charges.

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