Fuel subsidy: Oil firm’s top management arraigned for alleged bribe

By Innocent   Anaba

Integrated Oil and Gas Limited; its Managing Director, Mr. Anthony Ihenacho;  the Assistant General Manager Supply, Mr. Humphrey Okoh and the Financial Controller of the company, Mr. Akinwusi Julius, have been arraigned before a Tapa Magistrate Court, Lagos, for alleged bribe offered to members of the Presidential Committee on Fuel Subsidy Verification.

Three members of the Presidential Committee on Fuel Subsidy Verification, charged alongside the oil company and its workers were Alalade Abioye, Buhari Ganiyu and Oni Oluwasola.

The defendants were alleged to have, on August, 30 2012, at Integrated Oil And Gas Ltd, 190 Marine Road, Apapa, Lagos, in the Lagos Magistrate District, conspired with others (now at large) and offered N1.5 million to members of the Presidential Committee for the performance of their duties, an offence punishable under Section 63(1)(a)(b) of the Criminal Law of Lagos State of Nigeria, 2011.

Police Prosecutor, Mr Effiong Asuquo, of Special Fraud Unit, Ikoyi, Lagos, told the court, yesterday, that the alleged bribe was offered to members of the Presidential Committee, namely, Alalade Abioye,  Buhari Ganiyu, Oni Oluwasola and Chukwujekwu Akabueze.

When the charge was read to the defendants, they all pleaded not guilty and were granted bail by Magistrate Matins Owumi in the sum of N500,000 with two sureties in like sum.

Comments are moderated. Please keep them clean and brief.

Continue Reading:
Fuel subsidy: Oil firm’s top management arraigned for alleged bribe