says it has recovered some funds from Abubakar Peters and his company, Nadabo Energy Limited, who are facing N1.4 billion fuel subsidy fraud charges.
Testifying as the second prosecution witness, Mr Bawa said EFCC started recovering funds from the defendants following Mr Peter’s admission in a written statement that “he is willing to pay back the excess money he obtained from the government”.Under cross-examination by the defence lawyer, E.O Isiramen, Mr Bawa further stressed, “Our findings and evidence are still that you cannot discharge what you didn’t import.
The EFCC boss also said an investigation by the commission revealed that those who signed the respective documents resulting in the eventual payment to the defendants “did not do the right thing from our findings.” He further told the court that “We have started making recoveries from the defendant and we have a statement in which he put in writing that he is willing to pay back the excess money he received from the government.”
Which means the government will have to make some refunds to Nigerians as it has caused us to buy at a higher rate
10yrs after....and 7yrs in trial....it is well.
The Question is WHERE IS D MONEY RECOVERED officialEFCC Tell us where it is kept ? Is it remitted back to Federal Govt Recognized Account ? IF not then Should leave the oil company alone COS U DON'T WANT RECOVERED FUNDS RELOOTED BY U
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