Home News Court Convicts Ex-NNPC Official over N6bn Fraud

Court Convicts Ex-NNPC Official over N6bn Fraud

Author

Date

Category


Abdulkadir Mohammed Salihu, a former sales assistant of the Nigerian National Petroleum Corporation, NNPC, Kaduna Depot on Wednesday got a kid-glove treatment from a Nigerian court. Court Convicts Ex-NNPC Official.

Justice Z. B Abubakar of the Federal High Court, Kaduna gave Salihu a N1 million fine or a three-year jail term after a proven theft of over N6billion from the NNPC.

Read Also: Coronavirus: Gov. Makinde asks civil servants to proceed on 2-week break

After the assets seized from him were added, it did not appear Salihu got a full measure of retribution for his offence.

The EFCC arrested Salihu on 29 October last year. Before his arrest, he was in charge of loading manifest at the Kaduna Depot of the NNPC.

The EFCC arraigned him on Wednesday on a three-count charge of fraud before Justice
Abubakar.

Salihu pleaded guilty to the charge.

Deborah Ademu-Eteh prosecuting on behalf of EFCC subsequently asked the court to summarily sentence Salihu.

The convict was arrested after several petitions against him were submitted to the Kaduna Zonal office of the EFCC.

Upon investigation, the EFCC discovered that Salihu conspired with some unidentified oil marketers to lift petroleum products without payment to the NNPC at the depot.

The theft was estimated at over N6 billion.

The investigation further revealed that he was part of the cartel behind multiple loading of petroleum products, without corresponding payments. He committed the fraud between 2009 to 2017 at Kaduna Depot. Court Convicts Ex-NNPC Official.

Following his guilty plea, Justice Abubakar sentenced the suspect to a term of three years imprisonment with an option of N1 million fine..

The convict also forfeited the following items:

*One unit of three-bedroom apartment and one unit of two-bedroom boy’s quarter situated at 2 Kpak Close, off College Road, Kurmin Mashin, Kaduna;

*One-storey building containing four bedrooms and one bedroom self-contained with its appurtenances situated at 4 Kpak close, off College Road, Kurmin Mashin, Kaduna;

*One unit of three-bedroom apartment with two parlours and one self-contained bedroom situated at 6 Kpak Close, off College Road, Kurmin Mashin, Kaduna;

*a water factory known as Ummus Water and Drinks Ltd, situated at Birnin Yero, Igabi Local Government in Kaduna;

*One Fuel Station with four pumps with the name: Aminu and Salihu Ltd, situated at Sabon Gayan, Panturawa, along Saminaka, Jos Road, Kaduna.

*Five vehicles: One Odyssey Space Bus; One Toyota Tacoma Pick-up; One Toyota RAV 4 SUV; One Lexus 350 SUV; One Mitsubishi Petroleum Tanker.

The Judge also ordered the defendant to forfeit his Gratuity and 30 per cent of his monthly pension to the Federal Republic of Nigeria

The post Court Convicts Ex-NNPC Official over N6bn Fraud appeared first on Oak TV Newstrack.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent posts

Breaking: El-Rufai tests positive to coronavirus

The governor made the announcement in a statement he personally signed which was released to the media this evening. According to him, he took the...

Buhari hails Tinubu’s leadership qualities at 68

  President Muhammadu Buhari has showered encomiums on Asiwaju Bola Ahmed Tinubu, who marks a quiet 68th birthday tomorrow. Buhari hails Tinubu’s leadership. In a...

COVID-19: Buhari maintains social distancing as he receives updates from Health Minister, NCDC

President Muhammadu Buhari on Saturday received a briefing from the Minister of Health, Dr. Osagie Ehanire, on the latest developments over the outbreak...

COVID-19: NUJ Charges Govt to Provide Safety Kits, Palliatives for Journalists

The Nigeria Union of Journalists (NUJ) has called on federal and state governments to urgently provide safety kits and palliatives to journalists to...

Breaking: Nigeria hits 89 as NCDC announces eight new COVID-19 cases

Nigeria’s Coronavirus cases have soared to 89 after eight new cases were reported on Saturday evening by the NCDC. According to the Nigerian Centre...

Recent comments