Fuel subsidy fraud suspect dies

A fuel subsidy suspect, Opeyemi Ajuyah, is dead, The DAILYBELLS NIGERIA has learnt.

Though details of her death is still unknown, The DAILYBELLS NIGERIA reports that the deceased has been bed ridden at the Lagos State Teaching Hospital, LASUTH, Ikeja, Lagos for months.

Late Opeyemi Ajuyah

Mrs. Ajuyah is facing an eight-count amended charge alongside Abdullahi, son of late prominent businessman, Abdullazeez Arisekola-Alao, and Olanrewaju Olalusi before Justice Lateefa Okunnu of the Lagos High Court sitting in Ikeja, over allegation of N1.1 billion fuel subsidy fraud, conspiracy, forgery and obtaining money under false pretense.

They were charged alongside their companies, Majope Investment Limited and Axenergy Limited by the Economic and Financial Crimes Commission, EFCC.

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The suspects were first arraigned before the same court for allegedly obtaining the sum of N1,110,049,444.35( One Billion, One Hundred and Ten Million, Forty Nine Thousand, Four Hundred and Forty- Four Naira, Thirty- Five kobo) fraudulently as subsidy payments for 15,206,733 metric tons of Premium Motor Spirit (PMS) from the Federal Government.

The prosecuting counsel, Seidu Atteh, had brought before the court an amended eight- count charge against the suspects, alleging that they obtained the sum of N798,984,707.35 ( Seven Hundred and Ninety Eight Million, Nine Hundred and Eighty Four Thousand, Seven Hundred and Seven Naira, Thirty Five kobo) from the Federal government in unearned subsidy payments for 20,386,583 metric tons of Premium Motor Spirit (PMS).

All the three accused persons and their companies pleaded not guilty to the charges.

READ ALSO: Ex-Oil minister, Diezani forfeits 153m to FG

One of the charges read : “You Opeyemi Ajuyah, Majope investment, Abdullahi Alao, Axenergy and Olarenwaju Olalusi on or about the 18th day of April, 2011 at Lagos within the Ikeja judicial division with intent to defraud obtained the sum of N798,984,707.35 from the Federal government of Nigeria by falsely claiming that the sum represented subsidy that accrued to Majope Investment Limited under the Petroleum Support Fund for the importation of 20,386,583 metric tons of Premium Motor Spirit (PMS) as discharged at Lister terminal in Apapa, Lagos whereas you only discharged 5,712,851 liters at the said Lister Terminal through MT Brave daughter vessel which representation you knew to be false and thereby committed an offense contrary to Section 1(3) of the Advance Fee Fraud And Other Fraud Related Offences Act 2006”.

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