The Economic and Financial Crimes Commission (EFCC) on Monday closed its case, in the trial-within-trial, against Abubakar Peters and his company, Nadabo Energy Limited.
The defendants are being prosecuted for alleged offences bordering on obtaining money under false pretence, diversion of Federal Government funds and forgery to the tune of N761,628,993.84.
The EFCC charged them before Justice S.S. Ogunsanya of the Lagos State High Court sitting in Ikeja, Lagos, according to a statement by the anti-graft agency’s spokesman Wilson Uwujaren.
Peters and his company were arraigned on a 27-count charge for allegedly using forged documents to obtain money from the Federal Government as oil subsidy, after allegedly inflating the quantity of premium motor spirit (PMS) purportedly imported and supplied by the company.
Justice Ogunsanya adjourned the case till January 16, 2023.
