A oil marketer, Mr. Jubril Rowaye, who was earlier convicted in Lagos court, has been sentenced to fresh 10 years imprisonment by a High Court of the Federal Capital Territory in Gudu, Abuja, for fraud involving about N1.05bn perpetrated under the Petroleum Subsidy Fund scheme.
Justice Adebukola Banjoko, in a judgement which lasted about five hours and thirty minutes on Friday, convicted Rowaye along with his company, Brilla Energy Limited, and another firm, Alminnur Resources Limited, to which the permit to import 10,000 metric tons of Premium Motor Spirit (petrol) into Nigeria was issued in 2011.
Meanwhile, a High Court of Lagos State in Ikeja had on March 16, 2017, convicted Jubril and his company, Brila Energy Limited, of a fuel subsidy scam of N963.7m.
Justice Lateefa Okunnu of the Lagos State court had in her judgement sentenced Jubril to a jail term of 10 years for the fraud.
On Friday, Justice Banjoko of the FCT High Court, sentenced Rowaye, who was flown by prison authorities from Kirikiri Prison in Lagos to Kuje Prison in Abuja, of 14 out of the 17 counts preferred against him by the Economic and Financial Crimes Commission in 2012.
For offences of conspiracy and fraud charged under the Advanced Fee Fraud and Other Related Offences Act, 2006, the court sentenced Rowaye to 10 years imprisonment each without an option of fine.
Both of the sentences are to run concurrently.
But for the rest of the 12 counts of conspiracy, forgery of documents and using the documents as genuine to facilitate the act of obtaining the total sum of N1,051,030,434.63 from the Federal Government under the fuel subsidy scheme by false pretence as charged under the Penal Code Act, the court sentenced him to seven years of imprisonment on each of the 12 counts.
The court, however, added that the seven years imprisonment on each of the 12 counts, totalling 84 years jail term, must run consecutively but with an option of N5m on each of the counts, giving rise to N60m fine option for the 12 counts.
Justice Banjoko also made an order of restitution, directing that the convicts should refund to the Federal Government the equivalent of losses it suffered in the transaction.
NAN
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