Tuesday, 19 August 2014

Oil Subsidy Scam: EFCC Recovers N5bn from Fraudulent Marketers




Attempts by the federal government to go after culprits involved in the oil subsidy scam have yielded positive results with the Economic and Financial Crimes Commission (EFCC) recovering about N5 billion from persons and organisations indicted for fuel subsidy fraud. The EFCC Head, Media and Publicity, Wilson Uwujaren, made this known during a town hall meeting on fuel subsidy organised by  a group, Africa Network of Economic and Environment Justice (ANEEJ), in collaboration with Justice for All (J4A) in Abuja. According to Uwujaren, the EFCC is currently prosecuting 13 different oil subsidy cases, including investigations to bring other indicted persons or companies to justice. Investigation and prosecution of fuel subsidy cases have not been too easy for us but we are resolute in our determination to ensure that we push all those cases to logical conclusion, he stated. While underlining the importance the commission places on transparency and corruption issues in the oil sector, the Head, Media and Publicity said the commission presently had a full fledge section charged with investigation of oil subsidy matters and other extractive industries issues.
Thisday Newspaper

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