By Nkechi Eze
The Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Directorate, has arrested one Abdulazeez Gbadebo, a station manager with Emadeb Energy Service Limited, for alleged criminal breach of trust and diversion of funds amounting to N500 million.
According to an official statement signed by EFCC spokesperson, Dele Oyewale, Gbadebo’s arrest followed a petition by Emadeb Energy Service Ltd, which alleged that an external audit uncovered fraudulent activities involving the illegal diversion and sale of bulk petroleum products. The company alleged that the suspect manipulated pump meters to siphon products and diverted proceeds totaling N500 million into his personal bank account.
Investigations conducted by the EFCC revealed that Gbadebo sold bulk petrol and diesel directly to individuals, with payments made into his private accounts.
Items recovered from the suspect include an ash-coloured Mercedes Benz, a green-coloured Mini Cooper, two ash-coloured Mini Coopers, and a white Mercedes Benz GLK. Also recovered were a certificate of occupancy with file number KDL 328159, an original authorization letter from the Kaduna Geographical Information System (KADGIS), a three-bedroom fully detached bungalow, and three landed properties.
The EFCC stated that the suspect will be charged to court as soon as investigations are concluded.
