Connect with us

    Hi, what are you looking for?

    News

    EFCC Arrests Fuel Station Manager, Recovers Luxury Assets Over Alleged ₦500 Million Diversion

    EFCC
    EFCC

    Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Directorate, has arrested Abdulazeez Gbadebo, station manager of Emadeb Energy Service Limited, for allegedly diverting ₦500 million through fraudulent fuel sales.

    According to the EFCC, the arrest followed a petition and external audit that uncovered Gbadebo’s manipulation of pump meters to sell bulk petrol and diesel, with proceeds funneled into his personal bank accounts.

    Investigations revealed that he received payments directly through private accounts, bypassing company records.

    EFCC operatives recovered multiple high-value items including an ash-coloured Mercedes Benz, three Mini Coopers (ash and green), and a white Mercedes Benz GLK.

    Real estate assets recovered include a three-bedroom fully detached bungalow, three landed properties, a Certificate of Occupancy (File No. KDL 328159), and an authorization letter from the Kaduna Geographical Information System (KADGIS).

    The EFCC confirmed that Gbadebo will be charged to court upon conclusion of investigations. The case highlights the Commission’s continued efforts to combat financial crimes and recover stolen public funds

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    An Ikeja Special Offences and Domestic Violence Court on Monday sentenced Olawale Faleti, a former Lagos State Education director, to two years and five...

    E-Financial

    Wema Bank has introduced SAW, a new AI voice assistant integrated into the ALAT 2.0 app, allowing customers to manage finances through natural voice...

    Sports

    Phillip Shaibu, Director General of the National Institute of Sports (NIS), has accused the Federal Government of deliberately excluding the institute from national sports...

    News

    A federal judge in the United States has ordered Aimee Bock, the 44-year-old founder of Minnesota-based Feeding Our Future nonprofit, to surrender her Porsche...