SAN FRANCISCO, April 13, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned Abdullahi Alao, the son of the late Ibadan business mogul, Arisekola, before Justice Lateefa Okunnu at the Lagos State High Court in Ikeja for an alleged fuel subsidy scam of N1,110,049,444.35.
Abdullahi, alongside his company, Axe Energy Ltd., and one Olanrewaju Olalusi had earlier been arraigned on May 22, 2015.
Their re-arraignment followed the removal of the name of another oil marketer, Opeyemi Ajuyah, announced to have died on January 20, 2017, from the charge sheet.
THEWILL recalls that at the last adjourned date of the trial, the EFCC counsel, Seidu Atteh, had told the court that the anti-graft agency had not been officially informed about the demise of Ajuyah.
However, Ajuyah’s counsel, Olanrewaju Ajanaku, pleaded that the deceased’s husband was not in town to produce the death certificate and prayed the court to give him time to get the said certificate.
