N976m Subsidy Scam: EFCC Accuses Ogunbambo, Others Of Forging Cargo, Freight Documents
The Economic and Financial Crimes Commission, EFCC, yesterday told a Lagos High Court sitting in Ikeja that Oluwaseun Ogunbambo, Kabila Theck and Fargo Petroleum and Gas Limited, standing trial on a 10-count amended charge, forged cargo and freight documents used in falsely obtaining the sum of N976, 653,110.28 (Nine hundred and seventy six million, six hundred and fifty-three thousand, one hundred and ten naira, twenty-eight kobo), as subsidy claim from the government.
A principal prosecution witness, AbdulRasheed Bawa, told the court presided over by Justice Adeniyi Onigbanjo, that enquiries made by the EFCC at the Marine Inspectorate Service showed that cargo and freight documents used by the defendants in the subsidy case were forged. Read more
