EFCC arraigns two in Lagos over alleged N986m fuel supply fraud

The Economic and Financial Crimes Commission (EFCC) has re-arraigned two individuals and their companies before the Lagos State High Court in Ikeja over an alleged N986 million fuel supply fraud and the alleged diversion of additional funds.
The defendants, Ajayi Edward Olushola and his company, Hola Jay Nigeria Limited, were re-arraigned alongside Hannah Nwaguzor Ify and Mozann Global Merchant Limited before Justice Fadipe on an amended four-count charge bordering on obtaining money by false pretence and stealing.
According to the EFCC, the amended charge followed the arrest of Hannah Nwaguzor Ify, who had previously been at large, prompting the inclusion of both her and Mozann Global...