Monday marked the conclusion of the Economic and Financial Crimes Commission’s case against Abubakar Peters and his company, Nadabo Energy Limited, who are accused of forging N761,628,993.84 and obtaining money under false pretences, diverting federal government funds, and other offences before Justice S.S. Ogunsanya of the Lagos State High Court in Ikeja, Lagos.
This information was disclosed in a statement sent by Wilson Uwujaren, the agency’s spokesperson, that our correspondent got on Monday.
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According to ANAEDOONLINE.NG, Peters and his firm were charged on 27 counts after allegedly misrepresenting the amount of Premium Motor Spirit that the company allegedly imported and delivered in order to earn money from the Federal Government as an oil subsidy.
Justice Ogunsanya adjourned the case till January 16, 2023.
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