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Edo Opposition Politician indicted on oil theft by EFCC

inegbeniki

An influential All Progressive Congress Chieftain and leader of the Edo Central Senatorial Zone,Chairman of Ine Oil Chief Francis Inegbeniki has been indicted by the financial crimes agency EFCC on allegations bordering on stealing and receiving stolen properties.According to the details of the indictment which was publihed by the EFCC,he was charged alongside Jerome Itepu Chairman of Omo Jay Ltd the company also believed to be owned by him.

In the Case already filed before the High Court of Justice in Asaba Delta on the 24th March,and suit number A/EFCC/1c/2015 the duo were charged with 5 offences which include "Conspiracy to and punishable under section 516 of the criminal code law cap C21 laws of Delta state 2006" and also "Stealing contrary to section 383 of the criminal code law CAP C21 laws of Delta state 2006 and which is punishable under section 390(4)c of the same law.

Chief  Francis Inegbeniki and his co-conspirator were alledged to have stolen around 12,000 metric tonnes of crude oil loaded in vessel MT-Akuada (MT-Kua) valued at 384 million Naira in the year  2009 being property of the Federal Government of Nigeria.In a seperate incident the accused were said to have also stolen another 4,000 metric tonnes of crude oil in another vessel MT Hope valued at 128million Naira.

The case is yet to be assigned to a trial judge,also it is not known how adversely this will affect Chief Inegbeniki's Senatorial aspiration on the platfom of same APC.

 

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