N1.1 BILLION SUBSIDY FRAUD: EFCC RE-ARRAIGNS ARISEKOLA’S SON
source: http://www.eyesoflagos.com/2017/04/n11-billion-subsidy-fraud-efcc-re.html

The Economic and Financial Crimes Commission on Thursday re-arraigned Abdullahi Alao, the son of the late Ibadan business mogul, Arisekola, before the Lagos State High Court in Ikeja for an alleged fuel subsidy scam of N1,110,049,444.35.



Alao alongside his company, Axe Energy Limited, and one Olanrewaju Olalusi was re-arraigned before Justice Lateefa Okunnu.

The defendants had earlier been arraigned on May 22, 2015.

Their re-arraignment on Thursday followed the removal of the name of another oil marketer, Opeyemi Ajuyah, from the charge sheet.

Ajuyah was announced to have died on January 20, 2017.

At the last adjourned date, the EFCC counsel, Mr. Seidu Atteh, had told the court that the anti-graft agency had not been officially informed about the demise of Ajuyah.

In response, Ajuyah’s counsel, Mr. Olanrewaju Ajanaku, told the court that the deceased’s husband was not in town to produce the death certificate and pleaded with the court to give him time to get the said certificate.

‘‘We crave the indulgence of this honourable court to give us further time to get the death certificate across to the prosecution, so that they could be officially informed of the demise of the first defendant,’’ Ajanaku prayed.

At the resumed proceedings on Thursday, the name of the deceased, however, was not expunged from the charge sheet.

Alao and his co-defendants were accused of

fraudulently obtaining the sum of N1,110,049,444.35 from the Federal Government under the guise that it was subsidy payments for 15,206,733 metric tons of Premium Motor Spirit, which they purportedly imported into the country.

The defendants pleaded not guilty to the charges when they were re-arraigned for the third time on Thursday.

The matter was adjourned till May 13, 2017, for continuation of trial.

Efcc and APC should stop all this media persecution and propagandas we all know nothing will still come out of it.It's funny how despite all the anti corruption noise made by buhari,two years on ,no one has been able to successful been persecuted.





Anyways I'm FTC again, I hope lala and his crew move this to the promise tho, but I doubt tho since no snake was found in the pix,op next time include snake to your pics for quick deportation to the promise land
.



Finally ,I dedicate this to all the gullible people out there, that believed their imaginary Jesus died for them today

brostheo:
Efcc and APC should stop all this media persecution and propagandas we all know nothing will still come out of it.It's funny how despite all the anti corruption noise made by buhari,two years on ,no one has been able to successful been persecuted.





Anyways I'm FTC again, I hope lala and his crew move this to the promise tho, but I doubt tho since no snake was found in the pix,op next time include snake to your pics for quick deportation to the promise land
.



Finally ,I dedicate this to all the gullible people out there, that believed their imaginary Jesus died for them today

Isnt the looting too much?

Jonathan, you see ya life. You are Africa's worst creation. You have overtaken our beloved Obasanjo and Abacha who are the devil's cousins. Under your watch and that of the puff-puff cheeked world bank house girl called Ngozi Nkonjo-Iwealla, everyone was just looting and stealing. The thunder that will fire you is still doing training with ISIS.

WorldRichest:
Jonathan, you see ya life. You are Africa's worst creation. You have overtaken our beloved Obasanjo and Abacha who are the devil's cousins. Under your watch and that of the puff-puff cheeked world bank house girl called Ngozi Nkonjo-Iwealla, everyone was just looting and stealing. The thunder that will fire you is still doing training with ISIS.

I don't even know what to say, how can we have soul called president and his family and subordinate will loot like these and some people will still call him a good man and honour him as a national hero. I wonder and fear for the future of this country
We really have a long way to go, they have already loot the treasury to zero account.