EFCC arraigns Petroleum Equalisation Fund staff for N14m oil fraud

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The Economic and Financial Crimes Commission, EFCC, on Thursday arraigned Aku Aku and Philips Aliku, alongside their company, Al-Aminu Oil and Gas Limited, before Justice Sulaiman Tukur of the High Court of Kaduna State.

They were arraigned on a five-count charge bordering on conspiracy, forgery and obtaining N14.6million by false pretence.

The offence is contrary to Section 8 (a) of the Advance Fee Fraud and Other Related Offences Act, 2006 and punishable under Section 1(3) of the same act.

The first accused person, Mr. Aku, while being in the employ of the Petroleum Equalisation Fund Board, allegedly registered a private company, Al-Aminu Oil and Gas, where he is a director.

Mr. Aku, allegedly conspired with the second accused person, Mr. Aliku, who is also a director in the company, and obtained N14, 602,600.00 from the federal government on the pretence that the money was for the loading and selling of petroleum products by a filling station purportedly located on Madikiya Road, Kafancha, Kaduna State.

The prosecution counsel, however, did not oppose the bail application.

After listening to both counsel, Justice Tukur granted the accused persons bail for N1 million each, with one surety each in like sum.

The court said the accused persons must hand over their international passports to the court registrar, and that each of the sureties must be a civil servant not below Grade Level 14 or a principal officer in a company.

The accused persons are to be remanded in Kaduna Prison pending the fulfilment of their bail conditions.

The case has been adjourned to March 11 for trial.


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