NewsExpress advert FCMB banner
EFCC prosecutes 441 oil theft cases •Declares Ogunbambo wanted for N4.5b subsidy fraud

By News Express on 06/11/2014

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,203

The Economic and Financial Crimes Commission (EFCC) is presently prosecuting 441 individuals for allegedly vandalising oil pipelines and stealing crude oil.

The commission is meanwhile still busy with the prosecution of suspected oil subsidy thieves with over 40 persons and organisations currently in court answering charges.

EFCC Spokesman Wilson Uwujaren disclosed this yesterday in Abuja at the Forum of Spokespersons of Security and Response Agencies (FOSSRA/I-Nigerian Initiative media parley. He said that 71 oil thieves have already been jailed by various courts, made up of 45 Nigerians, 10 Ghanaians, 13 Filippinos, 10 Indians, two Togolese, one Cameroonian and one Myanmar.

Uwujaren said at the regular parley arranged to highlight activities of the various security and response  agencies that Seun Ogunbambo, Managing Director of Fargo Energy Limited, who was docked for stealing N4.5 billion in bogus subsidy claims, has absconded after he was granted bail by the court but has been declared wanted by the commission.

He allayed fears that the prosecution of other politically exposed persons may have been halted  and confirmed that the son of former national chairman of Peoples Democratic Party (PDP), Mahmud Tukur, and Abdulahi Alao, a son of late Alhaji Arisekola Alao, among others was still on-going.

“As we speak, the commission has recovered over N5 billion from persons implicated in the subsidy scam, even as it intensifies effort to bring more suspects to book,” Uwujaren said.

He, however, insisted that the commission was not in a position to give an advisory on whether individuals undergoing prosecution for financial crimes are allowed to stand for election.

According to him, it is left to the Independent National Electoral Commission (INEC) to make that decision.

Uwujaren also disclosed that EFCC was equally active in prosecuting bank fraud cases and in this wise, recently nabbed Rabiu Alhassan Dawaki, a banker with an unnamed first generation bank in Kano, for allegedly stealing N661 million.

“He used his position as cash officer with responsibility for evacuating cash from branches that had excess and supply to needy branches in the Kano Zone to perpetuate the fraud,” Uwujaren said.

He stated that in order to position itself for more efficiency, EFCC has embarked on reforms aimed at re-professionalising the commission as promised by the current Chairman, Ibrahim Lamorde, when he was appointed.

According to Uwujaren, “New and old staff of the commission are regularly subjected to polygraph test in a determined effort to ensure that they do not deviate from the core values of the commission, which are courage, professionalism and integrity.

“Fortunately, public and institutional confidence is being restored in the EFCC with relationship with international law enforcement organisations and development partners, which witnessed a meltdown a few years ago, experiencing a rebound.

“In the last one year, the commission hosted investigators and prosecutors from Zambia, United States, United Kingdom, the Netherlands, World Bank and African Development Bank.”

The EFCC Spokesperson warned members of the public to beware of impersonators who have been going about defrauding officials of both private and public organisations.

•Photo shows EFCC Chairman, Ibrahim Lamorde.

Source News Express

Posted 06/11/2014 11:17:51 AM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
Certificate saga: Court grants ex-parte application to serve...

Wike making huge joke of governance in Rivers...

RIGHTSView: NFIC: History Beckons on Tambuwal

10,120 Sokoto families receive N15,000 monthly to keep...

Amaechi blames Presidency for Rivers' dwindling economy

Experts task African leaders on agriculture

Nigerian convicted for drug smuggling to be executed...

N-power volunteers establish mini-laboratory

Know Your Candidates: List of senatorial candidates for...

Jonathan launches Development Bank of Nigeria

UNICEF charges media on improved reportage of water...

Unpaid salaries: National Assembly workers protest, leaders arrested...


Latest News Traditional ruler, 9 others killed in fresh Kogi attack Ex-bank MD, Director remanded in prison over forgery Senator Dino Melaye charged with illegal possession of guns 9-year-old boy shoots sister dead over video game controller Orji Kalu’s trial: Abia Govt. House Accountant on the run IGP Idris orders withdrawal of policemen attached to VIPs Self-driving Uber car kills pedestrian Compensate sacked married women, Globacom told Robots to take over jobs from African workers Land Use Charge Law: Lagos lawmakers set up review committee Obiano re-appoints SSG, PS, appoints Chief Press Secretary 2019: APC chieftain joins governorship race in Ebonyi


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (332,377 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (325,031 views) Shameless Genevieve Nnaji exposes breasts in public (260,784 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (214,332 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (197,983 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (192,378 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (167,665 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (150,390 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (143,133 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (133,211 views) Lagos plane crash: Journalist releases victims’ names (132,585 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (125,862 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business & Economy (2,972) Business Verdict (36) Columnists (814) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (455) Features (552) Global Business Monitor (238) International (1,856) Interview (146) Live Commentary (28) Love Matters (114) News (33,731) Opinion (895) Pidgin (10) Politics (4,625) Religion (701) Sports (1,457) Stock Watch (28) AMA & Al Jazeera Global Update





Football Highlight -- BARCELONA - CHELSEA 3:0


APO Group Partner




REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera