The Economic and Financial Crimes Commission on Tuesday re-arraigned the son of a former National Chairman of the Peoples Democratic Party, Alhaji Bamanga Tukur, Mahmud; and the son of the late Ibadan multibillionaire, Chief Alao Arisekola, Abdullahi, for conspiracy, obtaining money under false pretence and uttering.
Also arraigned on 38 counts before a Lagos State High Court on Tuesday were Ochonogor Alex and the companies of the defendants, Eterna Plc, Axenergy Limited and Star Inspection Services Nigeria Limited.
The EFCC claimed that the defendants conspired among themselves and obtained the sum of N3,121,393,098 from the Federal Government under the guise that the money was for the importation of Premium Motor Spirit.
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