The Economic and Financial Crimes Commission, (EFCC) on Friday, re-arraigned Opeyemi Ajuah, Majope Investment, Abdullah Alao, Axenergy, and Olarenwaju Olalusi before Justice Lateefa Okunnu of the Lagos High Court sitting in Ikeja, on eight-count amended charge of conspiracy, forgery and obtaining money under false pretense.

The suspects were first arraigned before the same court for allegedly obtaining the sum of N1,110,049,444.35
( One Billion, One Hundred and Ten Million, Forty Nine, Four Hundred and Forty- Four Naira, Thirty- Five kobo) fraudulently as subsidy payments for 15,206,733 metric tons of Premium Motor Spirit (PMS) from the Federal Government.

At Friday's re- arraignment, prosecuting counsel, Seidu Atteh, brought before an amended eight- count charge against the suspects, alleging that they obtained the sum of N798,984,707.35 ( Seven Hundred and Ninety Eight Million, Nine Hundred and Eighty Four Thousand, Seven Hundred and Seven Naira, Thirty Five kobo) from the Federal government in unearned subsidy payments for 20,386,583 metric tons of Premium Motor Spirit (PMS).

Read More:http://www.nationaldailyng.com/news/latest-news/4013-n789m-subsidy-scam-efcc-re-arraigns-opeyemi-ajuyah-4-others

Ehhh. So these people follow for subsidy scam. I thought it was the chest beaters

EFCC is now forming busy, because a new sheriff is coming to town on friday.

superstar1:
EFCC is now forming busy, because a new sheriff is coming to town on friday.

....

Wish you were correct in totality but there is a condition imposed on the EFCC by the office of the attorney general that all cases exceeding 50million naira and any case involving politically exposed persons should first be reported to his office before any kind of investigation into the case can be carried out out let alone prosecution.

Unfortunately, ALL the subsidy cases can be linked to one PDP political jobber or the other, therefore no approval was granted by Adoke for investigation and the case files were put on ice..

Its because they no longer have any power to stifle EFCC that work has now commenced!!

☺☺

What happen to Ahmadu Alli's son?

beccafey:
What happen to Ahmadu Alli's son?

The OPs say Opeyemi Ajuyah not Ahmadu Ali's son.
Tribalist !

superstar1:
EFCC is now forming busy, because a new sheriff is coming to town on friday.

You can't blame them when they weren't given the freewill to perform their duties.
During GEJ's tenure, EFCC and ICPC were silent.

The countdown begins>>>4 days to go!

I can't stop laughing, Nigeria are hypocrite, what have they been doing before now?

Why now?

ok