The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has appeared before an Ikeja High Court to give evidence in a N1.4 billion fraud trial involving an oil company, Nadabo Energy.
The EFCC had accused Abubakar Ali Peters and his company, Nadabo Energy of allegedly using forged documents to obtain N1,464,961,978.24 from the Federal Government as oil subsidy, after allegedly inflating the quantity of Premium Motor Spirit, PMS purportedly supplied to 14,000M.
Bawa before his confirmation as EFCC chairman, had earlier appeared before the court last year as prosecution witness.
In his previous testimony, he had told the court that based on 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.”
