SFU arraigns oil firms, MDs for subsidy fraud

The Special Fraud Unit of the Nigeria Police Force on Monday arraigned four oil firms before a Federal High Court Ikoyi on seven counts of fuel subsidy scam.The managing directors of two of the firms also appeared before Justice Mohammed Kurya for the alleged fraud.The defendants were said to have defrauded the Federal Government of N2.9bn.They are Oando PLC, Geacan Energy Limited, Petroleum Brokers...

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