EFCC Re-Arraigns Arisekola’s Son Over N1.1bn Subsidy Fraud

operatives of EFCC

By Ige Olugbenga

The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned Abdullahi Alao-Arisekola before Justice Lateefa Okunnu of the Lagos State High Court in Ikeja for an alleged fuel subsidy scam of N1.1bn.

Abdullahi, alongside his company, Axe Energy Ltd., and one Olanrewaju Olalusi were re-arraigned.

The defendants had earlier been arraigned on May 22, 2015.

Their re-arraignment on Thursday followed the removal of the name of another oil marketer, Opeyemi Ajuyah, who was announced to have died on January 20, 2017, from the charge sheet.

At the last adjourned date, the EFCC counsel, Seidu Atteh, had told the court that the anti-graft agency had not been officially informed about the demise of Ajuyah.

In response, Ajuyah’s counsel, Olanrewaju Ajanaku, told the court that the deceased’s husband was not in town to produce the death certificate and pleaded with the court to give him time to get the said certificate.

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