Six people and a company were arraigned in Lagos yesterday for their alleged complicity in fraudulent conduct over oil subsidy.
Messrs Buhari Ganiyu and Oni Oluwashola, members of the Presidential Committee on Fuel Subsidy Verification (PCFSV) were charged with conspiracy and receipt of bribe from a company, Integrated Oil and Gas Limited and its senior officials.
The company, its Managing Director, Anthony Ihenacho; Assistant General Manager, Humphrey Okoh and Financial Controller, Mrs Alalade Abioye, were charged with conspiracy and offering of bribe of N1.5m to the PCFSV officials.
They were arraigned before Magistrate Martins Owumi of the Magistrates’ Court, Tinubu on a three-count charge of conspiracy, offering and receiving of bribe.
The accused persons were said to have committed the alleged offences on August 30 in Lagos. They were accused of violating sections 63(1)(a)(b), 64(1) and 409 of the Criminal Law of Lagos State, 2011.
The accused persons were, in the charge marked: J/93/2012, said to have acted with some others yet to be apprehended by men of the Police Special Fraud Unit (SFU), Ikoyi, Lagos, saddled with the investigation and prosecution of the case.
They all pleaded not guilty at their arraignment and were each granted bail at N500,000 with two sureties in like some.
Further hearing has been fixed for November 10.

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