Fuel Subsidy Scam: Court Orders Brila Energy to Refund N963m, Sentences MD to 10 Years Imprisonment

An Ikeja Division of the Lagos High Court Thursday ordered Rowaye Jubril and his company, Brila Energy Ltd, to make restitution
and refund N963.7m to the Nigerian government.
This is as Justice Lateefa Okunnu, the trial Judge sentenced Jibril to 10 years in prison, after him and his company were found guilty of 13-counts of fuel subsidy fraud.
The defendants were first arraigned by the Economic and Financial Crimes Commission in November 2012.
It will be recalled that the defendants were arraigned on Nov.13, 2012 on a 13-count charge of conspiracy, obtaining money by false pretext, forgery and use of false documents.
The EFCC alleged that the defendants had obtained N963.7m from the Federal Government under the Petroleum Support Fund between October 2010 and May 2012.
The anti-graft agency said the money was obtained for the purported importation of 13,500 metric tonnes of Premium Motor Spirit (PMS).
According to the EFCC, their alleged offensces contravened Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act of 2006.
It said the offences also contravened sections 467 and 468 of the Criminal Code Laws of Lagos State 2003.

Author: News Editor

8826 stories / Browse all stories

Related Stories »

Provide your email below, and we will notify you the latest news freely.


calendar »