• Breaking News

    Thursday 16 March 2017

    Fuel subsidy fraudster to spend 10 yrs in prison

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    By Abdulwahab Abdulah and Jane Echewodo
    An Ikeja High Court Thursday sentenced an oil marketer, Rowaye Jubril to ten years imprisonment over alleged N963.7 million fuel subsidy fraud.

    In her judgement, Justice Lateefa Okunnu convicted Jubril and his company, Brila Energy Limited of a 13 count charge offence proffered against them by Economic and Financial Crimes Commission (EFCC).

    The Commission slammed him with 13 count charges which bordering on conspiracy, obtaining money by false pretext, forgery and use of false documents.

    Justice Okunnu sentenced Jubril to ten years imprisonment on count one.

    The convict was also sentenced to eight years each on counts 2 to 13.

    The trial judge ordered that the sentences would run concurrently and commenced from date of judgement.

    Justice Okunnu futher made an order of restitution, asking Jubril’s company to refund N963.7 million to the federal government.

    However, the suspect were first arraigned by the EFCC on November 2012 before the court.

    The commission alleged that the suspect had obtained N963.7 million from the Federal Government under the Petroleum Support Fund between October 2010 and May 2012.

    The anti-graft agency said the money was obtained for the purported importation of 13,500 metric tonnes of Premium Motor Spirit (PMS).

    The offences contravened Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act of 2006, EFCC said.

    According to the commission, the offences contravened sections 467 and 468 of the Criminal Code Laws of Lagos State 2003

    The post Fuel subsidy fraudster to spend 10 yrs in prison appeared first on Vanguard News.



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