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March 11, 2021 EFCC Chairman Abdulrasheed Bawa Testifies In ₦1.4bn Oil Subsidy Trial

The trial of ABUBAKAR ALI PETERS and his company, Nadabo Energy Limited, for an alleged ₦1.4bn fraud continued yesterday before Justice CHRISTOPHER BALOGUN of the Lagos State High Court sitting in Ikeja.

During sitting, the Chairman of the Economic and Financial Crimes Commission, ABDULRASHEED BAWA, made history as the first chairman of the Commission to give evidence in Court.

BAWA, who is testifying as the fifth prosecution witness, PW5, had begun his examination-in-chief on June 3, 2015, long before his appointment as the EFCC Chairman.

Before the proceedings, BAWA had given evidence against the defendants, who pleaded “not guilty” to the alleged fraud, stating that Nababo Energy Limited allegedly obtained the sum of ₦1,4bn from the Federal Government as oil subsidy with forged documents.

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