EFCC Closes Case In N789M Subsidy Scam

The Economic and Financial Crimes Commission (EFCC) said yesterday that it has closed its case in a N789 million case of subsidy scam, meaning that the prosecuting counsel has concluded his argument and now waits on the presiding judge to fix a date for ruling.

A statement from Commission’s spokesman, Wilson Uwujaren yesterday read that the accused, Opeyemi Ajuyah, Majope Investment, Abdullahi Alao, Axenergy, and Olarenwaju Olalusi are those standing trial in the N789 million case.

Uwujaren informed that at the resumed hearing of the case on Thursday, prosecuting counsel, S.A. Ateh presented a witness: Irene Moses who worked as a Terminal Manager for Oando plc at the time the alleged fraud was committed, and currently works as Terminal Manager, Joint Venture for the same organization.