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Court adjourns oil marketer’s trial

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http://ift.tt/eA8V8J By Innocent Anaba A  Federal High Court sitting in Lagos, yesterday, adjourned till May 17 for continuation of trial of an oil marketer, Olaniran Ogundipe, and his company, Petroleum Broker Nigeria Limited, over N1.3 billion oil subsidy fraud. The case which was earlier slated for, yesterday, could not continue due to the absence of a prosecution witness in court. The prosecutor, Mr Dania Abdullahi, as well as defence counsel were however, present in court. Trial will now resume on the next adjourned date. Ogundipe and his company were arraigned before the court on March 19, 2014. In an amended charge, the accused, his company, and other persons now at large, were alleged to have committed the offence between  January and April, 2011. They were said to have obtained the sum of N1.3 billion as subsidy from the Federal Government under false pretence that they had imported and sold 17,837,160 litres of petrol, into the country via MT Aidin (Ex MT Ste...