Source: http://towncrieronline.net/2017/03/30/efcc-arraigns-directors-of-origin-oil-and-gas-over-n735m-subsidy-scam/

The Economic and Financial Crimes Commission, EFCC, on Thursday, March 30, 2017 arraigned the duo of Adegbite Adetoye and Ponnle Abiodun along with Origin Oil and Gas Limited before Justice Silvanus Orji of the FCT High Court Apo, Abuja on an 11-count charge of fraud and abuse of Petroleum Support Fund to the tune of N735million, Towncrieronline.Net has learned.

Adetoye and his co-accused allegedly conspired and fraudulently obtained the sum of N735, 132, 076.18 (seven hundred and thirty five million, one hundred and fifty two thousand, seventy six naira, eighteen kobo) from the federal government as payment for the importation of 15,000mt of premium motor spirit (PMS) which they claim to have purchased from Vitol SA and imported into Nigeria through MT Silverie.

The offence contravenes Section 8 (a) and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.


The defendants pleaded not guilty to the charge.


S. I Ameh, SAN, counsel to the defendants, informed the court that he had a pending bail application dated March 27, 2017 and served on the prosecution same date.


He urged the court to admit the defendants to bail adding that they would be available for trial.
Counsel to EFCC, Steve Odiase, did not oppose the application on the ground that the defendants had earlier been granted administrative bail by the Commission.


Justice Orji granted bail to the defendants in the sum of N100million each with two sureties in like sum. The sureties must be civil servants not below grade level 14 or residents in Abuja with traceable address to be verified by the court or EFCC. The defendants must not travel out without the permission of the court.


The case has been adjourned to May 22nd and 25th, 2017 for hearing.
Meanwhile, Justice Orji has ordered the defendants to be remanded in prison custody pending the perfection of their bail terms.

FTC



nigeria matter just weak me....stole 750,000,000+ given 100,000,000 bail .. WATDAFUK but...

I thought it was orijin bitter & zero company MD self

INTROVERT:
I thought it was orijin bitter & zero company MD self

same here oh

Go after dem one by one

Make he vomit all the money una go gv am small change bail

Efcc should rush n prosecuting saraki na. Finish one first before starting another one. We are tired of media trial.

But please I have a question ooo ... Can this country ever be free from the word * CORRUPTION * .... I am so damn tired of Nigeria .. Its every day they steal government funds ...whyyyyy

Y are dey laughing, diz is not jonathan regime ooooo

INTROVERT:
I thought it was orijin bitter & zero company MD self

lol ...origin and zero coke company ... What a mad asssss combo ..

www.nairaland.com/attachments/4990624_4742303screenshot201701150915142jpegfbdb980cf794274b10e783cad141f159_jpeg95a750a6a683d94df8be7281675ed1a6

Nice

EFCC pls bring all the fact and evidence to my house for next line of action

see face

Naija always like dis. He will always go free.
While Somewhere in Abuja a guy was sentenced to death by hanging for stealing an LG phone.
If u must steal in 9ja, ensure to steal enough to settle everybody so dat u won't go to jail or found guilty....

Another conviction loading........

Nice 1... For a crime of 7.35m dem go bail am 1st with 100m... Very soon all those e white beards go soon turn rainbow... Yam eaters

i wish it were the orijin beer and herbal drink owners they arrested. those people no dey try at all.

i want action bitters to take over and dominate the market of shakkies.+

www.nairaland.com/attachments/5081366_images25_jpegfdc0c25cc0e64b891974eb2fdea8615a

Kidaakudz:
CORRECT SCORE AVAILABLE FOR PAY AFTER WIN FROM A 100% GUARANTEED SAFE SOURCE

PAY AFTER WIN IS 2000 NAIRA ONLY

TO GET THE GAMES CHAT HIM UP ON

WHATSAPP +2348186936802

Go get a job, thief

Damilare5882:
But please I have a question ooo ... Can this country ever be free from the word * CORRUPTION * .... I am so damn tired of Nigeria .. Its every day they steal government funds ...whyyyyy

No, because the monster called corruption has infected every fabric of our national life, we need special whip from the celestial realm to flog sense into Nigerians, the monster can only leave after serious flogging

Fresh criminals. The main subsidy criminals are Otedola, Jimoh Ibrahim, Ifeanyi Ubah, Dee Jones, Indimi, Dantata, etc... Don't ask me ow I got to know.

AngelicBeing:
No, because the monster called corruption has infected every fabric of our national life, we need special whip from the celestial realm to flog sense into Nigerians, the monster can only leave after serious flogging

... No be boy flogging ooo ... We need to kill and bury it

Damilare5882:
... No be boy flogging ooo ... We need to kill and bury it

Flogging >>> killing >>>> burying

AngelicBeing:
Flogging >>> killing >>>> burying

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lol

Is it same origin beer wey dey skatar boyz head?