HomeNewsEFCC recovers multi-million Naira properties from manager accused of N500m criminal diversion

EFCC recovers multi-million Naira properties from manager accused of N500m criminal diversion

EFCC recovers multi-million Naira properties from manager accused of N500m criminal diversion

Operatives of the Kaduna Zonal directorate of the Economic and Financial Crimes Commission (EFCC) have arrested one Abdulazeez Gbadebo, the station manager of Emadeb Energy Service Limited for alleged criminal breach of trust and diversion of funds to the tune of N500 million.

 

According to a statement posted on its social media handle, the EFCC said Gbadebo’s arrest followed a petition alleging that it discovered through external audit that the suspect illegally diverted and sold bulk petrol to customers by manipulating the pump meters and diverting N500 million that accrued from the fraud to his personal bank account.

 

The EFCC said the investigations carried out by the Commission revealed that the suspect sold bulk petrol and diesel to different individuals and received payments through his private bank accounts.

 

Items recovered from him include an ash-coloured Mercedes Benz, an ash-coloured mini cooper, a green-coloured mini cooper, an ash-coloured mini cooper and a white Mercedes Benz GLK. Others were one original authorisation letter from Kaduna Geographical Information System (KADGIS), a certificate of occupancy with file number, KDL 328159, one three bedroom fully detached bungalow and three landed properties.

 

The EFCC added that the suspect will be charged to court as soon as investigations were concluded.

 

EFCC recovers multi-million Naira properties from manager accused of N500m criminal diversion
EFCC recovers multi-million Naira properties from manager accused of N500m criminal diversion
EFCC recovers multi-million Naira properties from manager accused of N500m criminal diversion

 

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