A Lagos State High Court, Ikeja, on Wednesday, adjourned further proceedings in a 1.4 billion naira fraud trial involving an oil company, Nadabo Energy Ltd and its Chairman till April 28.
The presiding judge, Justice Christopher Balogun gave the adjournment to enable the court rule on the admissibility of the document sought to be tender by the Prosecutor.
The chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, was led in evidence by the prosecution counsel, Seidu Atteh, to narrate the outcome of their investigation in the alleged offences.
Mr Bawa said he analysed the email correspondences of the defendants and found out that contrary to their claim, they took about six million litres of petrol from a mother vessel to their chartered vessel.
“The email further confirmed that the same quantity was discharged at Port-Harcourt. In addition, the email also informed us that one Mr Jide Akpan was the agent of the vessel,” Mr Bawa said, in the case in which he, as an EFCC investigator, was a prosecution witness before his appointment as the chairman of the anti-graft agency.
“We invited the said Akpan and during the course of our interrogation with him he confirmed that the first defendant through the second defendant deferred the vessel and paid for it.”
The EFCC had accused Abubakar Peters and his company, Nadabo Energy, of allegedly using forged documents to obtain N1.4 billion from the federal government as an oil subsidy after allegedly inflating the quantity of premium motor spirit, PMS purportedly supplied to 14,000M.
The defendants had pleaded not guilty to the charges.
In his previous testimony, Mr Bawa told the court that based on the investigation carried out on the defendant’s dealings with Staco Insurance Company, the Certificate of marine insurance used by the defendant for the transaction in question was forged.
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