Picture shows Abdulahi Alao Of Axenergy Ltd
The Economic and Financial Crimes Commission EFCC, on Thursday, closed its case against Oyeyemi Ajuyah, Majope Investment, Abdullahi Alao, Axenergy, and Olarenwaju Olalusi who are standing trial in a N789 Million (Seven Hundred And Eighty Nine Million Naira) subsidy scam.
At the resumed hearing of the case on Thursday, prosecuting counsel, S.A. Ateh, presented a witness, Irene Moses who worked as a Terminal Manager for Oando Plc at the time the alleged fraud was committed, and currently works as Terminal Manager, Joint Venture for the same organization.
In his testimony, Moses told the court that as at the time he was Terminal Manager for Oando Plc at Lister Oil, Oando had an exclusive use of the Lister Terminal.
The witness was shown exhibit 60 which he identified as the summary of his company’s activities with MT Brave concerning the receipt and discharge of fuel a between January 20 and 22, 2011.
According to him, MT Brave only discharged a little above 4,285.141 metric tons of Premium Motor Spirit, PMS, and not 20,000 metric tons documented.
In a cross examination, Moses denied that Oando Plc was keeping products for other companies during the subsidy regime.
He equally denied saying in his earlier testimony of 14 May, 2013 that other companies imported products through Lister Depot.
After concluding the cross examination, counsel to the first and second defendants, O Ajanaku, told the court that he had an application requesting for the production of Prosecution witness 2, (PW2).
Justice Lateefat Okunnu, however, said this would be at the discretion of the prosecution team.
She subsequently adjourned the case to 27 October 2015 for hearing of a motion raised by Ajanaku.
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