Oil theft convicts ordered by court to pay reparation after fined N20m
Two oil thieves, Olufunsho Dayo Chevy and Uwem Udo Nya, convicted and sentenced to a fine of N20 million have been ordered by court to paid N5 million each to the federal treasury.
The Uyo zonal command of the Economic and Financial Crimes Commission (EFCC) secured the convictions for the oil theft carried out with a vessel MT New Angel in collaboration with a company called Edi Eurolink Distribution.
EFCC Head of Media and Publicity Dele Oyewale disclosed in statement that the convicts, who were arrested by Nigerian Navy Ship Victory and handed over to the EFCC on 30 July 2024, pleaded guilty to the charge at the Federal High Court in Calabar.
Oyewale said the convicts were sentenced by Justice Ijeoma Ojukwu on a one-count charge of stealing and unlicensed dealing in petroleum products.
– Daily Trust.
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