Rainbow FM

Published

November 16, 2021

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The Chairman of the Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa has arrived in the Lagos High Court in Ikeja.

The EFCC Boss is in court to continue his testimony on how an oil marketer, Abubakar Peters, and his company, Nadabo Energy Limited allegedly forged documents to obtain N1.4billion as subsidies from the Federal Government.

The EFCC boss, who was in the witness box for over 6 hours on Wednesday, gave extensive details of how the EFCC conducted its investigations and uncovered the fraud.

Through the witness, the court also admitted in evidence several documents as proof of the alleged fraud.

On Tuesday, the trial was stalled owing to the absence of the defence counsel. But on Wednesday morning, all parties were present in court including the star prosecution witness, Bawa.

The team found that the defendant forged all documents, leading to the subsidy payment of N1.4bn by inflating the number of petroleum products he imported.

When the EFCC sought to put into evidence documents to back this testimony, the defence counsel, Osagie Isiramen, raised objections to their admissibility.

After listening to arguments for and against, Justice Sedoten Ogunsanya overruled the objections and held that the documents were properly obtained during the course of EFCC’s investigations.

Mr Bawa will be back in court on the 1st of November for his cross-examination.

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