The Economic and Financial Crimes Commission (EFCC) has arrested a station manager of Emadeb Energy Service Limited, Abdulazeez Gbadebo, for alleged criminal diversion of N500 million.
According to a statement by the Commission’s Head of Media and Publicity, Dele Oyewale, Gbadebo was apprehended by operatives of the Kaduna Zonal Directorate following a petition filed by his employer. The company alleged that an external audit uncovered fraudulent activities involving the illegal diversion and sale of bulk petroleum products.
Investigations revealed that Gbadebo manipulated pump meters to siphon large quantities of petrol and diesel, which he allegedly sold to different individuals. Payments for these transactions were traced to his personal bank accounts.
The EFCC disclosed that several assets suspected to be proceeds of crime were recovered during the operation. They include an ash-coloured Mercedes Benz, a white Mercedes Benz GLK, three mini coopers in varying colours, a fully detached three-bedroom bungalow, three landed properties, and official documents from the Kaduna Geographical Information System (KADGIS).
The anti-graft agency stated that the suspect will be charged to court upon the conclusion of investigations.
