Justice C.A.Balogun of the Lagos State High Court sitting in Ikeja, Lagos, on Tuesday, October 4, 2022, adjourned till November 1, 2022, the case involving Abubakar Ali Peters and his company, Nadabo Energy Limited, over an alleged N1.4 billion fraud.
The EFCC is prosecuting Abubakar and his company, on 27-count charges, for allegedly using forged documents to obtain the sum of N1,464,961,978.24 from the Federal Government as oil subsidy, after allegedly inflating the quantity of Premium Motor Spirit, PMS, purportedly imported and supplied by the company.
