N963.7m subsidy fraud: Marketer sourced fuel from within Nigeria – EFCC

The Economic and Financial Crimes Commission (EFCC) on Wednesday,told an Ikeja High Court that an oil marketer, Rowaye Jubril, committed fraud by collecting N963.7 million payment subsidy for petroleum products he never imported.

The EFCC, through one of its officers, Mr Abdullahi Mohammed, made the allegation at the resumed trial of Jubril before Justice Lateefat Okunnu.

The Witness testified that Jubril collected the sum from the Federal Government as  subsidy payment for petroleum product he never imported into Nigeria.

The News Agency of Nigeria (NAN) reports that Jubril is being prosecuted alongside his company– Brila Energy Ltd.- over alleged fraud.

Mohammed said though Brilla Energy actually discharged the product at Obat Jetty, it was not qualified for the subsidy payment because the product was not imported in accordance with the law.

Okunnu adjourned the trial to Jan.23 for continuation (NAN)