Skip to main content

N979.6m subsidy fraud: Court orders arrest of 2 oil marketers

By

An Ikeja High Court on Tuesday issued a bench warrant on two oil marketers, Oluwaseun Ogunbambo and Habila Theck, for failing to attend their trial without cogent reasons.

The warrant was issued by Justice Adeniyi Onigbanjo on the marketers who are standing trial for an alleged N979.6 million fuel subsidy fraud.

The  judge also revoked the bail earlier granted to the first accused (Ogunbambo).

Ogunbambo and Theck were charged alongside their firm — Fargo Energy Ltd. — by the Economic and Financial Crimes Commission (EFCC).

They were arraigned on a six-count charge bordering on conspiracy, obtaining money by false pretences, forgery and use of forged documents.

At Tuesday’s proceedings, the duo failed to appear in court, prompting the EFCC counsel, Mr Francis Usani, to ask the court to issue warrants on them.

Usani said there was no medical report to back Ogunbambo’s claim that his absence was as a result of ill-health.

He said the absence had stalled the hearing of the application to quash the charges filed by Ogunbambo, through his counsel, Mr Olisa Agbakoba (SAN).

Usani said it was a ploy to delay the trial as the defence legal team was not represented at the last proceedings that led to an adjournment.

The case was adjourned till Sept. 16 for further hearing. (NAN)

Labels:

Comments

Post a Comment

Popular posts from this blog

DO YOU WANT TO BECOME A MASON IN NIGERIA

By
 After all i have said about this fraternity if you are still interested in becoming a mason there are just simply ways in which you can do that, but inspite of my post i am neither encouraging nor discouraging you all i am doing is just to let you know more about this frat and there's more to come about those who have joined, the so called stars like jay-z, kanye west etc i guess its just 7 simple ways to join and off you go  Are there things you want to accomplish in your life? Are there ways you want to enrich yourself? Do you enjoy being with people you like and respect? As a Freemason, you’ll find friendship and fraternity. You’ll develop life skills like self-confidence, leadership, and effective communication. You’ll learn to work as part of a team  and to better yourself as you help others. Think about taking the first step into becoming a Mason. It is widely thought that one must be invited to become a Freemason or that Freemasonry is so exclusive as to be b...
240 comments
Read more

Microsoft Is About To Leave One-Third Of All Computers Vulnerable To Hacking

By
Hundreds of millions of computers running everything from ATMs to the power grid will be vulnerable to hacking next month when Microsoft stops supporting its old Windows XP operating system. Hackers have been holding onto flaws in Windows XP and waiting to exploit them until after the software giant stops issuing security updates on April 8, experts say. Adam Meyers, vice president of intelligence at Crowdstrike, a cybersecurity firm, said it was “fairly dangerous” to continue using the 12-year-old operating system because after the deadline “victims can’t defend themselves.” “I certainly wouldn't run Windows XP after the 8th," Meyers said in an interview. Microsoft announced six years ago it will no longer provide security patches or technical support for the out-of-date software. Yet about  one-third of computers  around the world -- or about 500 million PCs -- still run Windows XP. On Microsoft’s website , a clock ticks down to next month’s Windows deadline an...
4 comments
Read more