Showing posts with label SUBSIDY. Show all posts
Showing posts with label SUBSIDY. Show all posts

Tuesday, July 31, 2012

SUBSIDY FRAUD: FG Drops Charges Against 2 Oil Marketers

The criminal charge filed against two oil marketers, Integrated Resources Limited, Pinacle Oil and Gas and two of their directors, Durosola Omogbenigun and Peter Mba in respect of fuel subsidy scam was this morning struck out.
When the matter was mentioned today, the Economic and Financial Crimes Commission, EFCC prosecuting counsel, Rotimi Oyedepo told the court that he has received instructions from the Attorney General of the Federation to withdraw the charge filed before the court.
Consequently, he urged the court to strike out the charge since it has not been served on the defendants.Olayide Adedapo, the counsel who represented the defendants did not raise any objection.
Consequently, the presiding judge, Justice Candide-Johnson in his ruling said “the charge having been withdrawn at the instance of the prosecution is hereby struck out.”