Court Adjourns Nadabo Energy Boss’ Alleged N761.6m Oil Fraud Trial Till Feb.17

 


The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, over a 21-count charge bordering on forgery and subsidy fraud to the tune of N761, 628,993.84 before Justice S.S. Ogunsanya of the Lagos State High Court sitting in Ikeja, Lagos continued today, Thursday, December 16, 2021, with the cross-examination of the Executive Chairman of the EFCC, Abdulrasheed Bawa.

Abubakar and his company are being prosecuted by the EFCC, for offences bordering on obtaining money under false pretence, diversion of Federal Government funds and forgery to the tune of N761,628,993.84. 

CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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