The Digest:
The Economic and Financial Crimes Commission (EFCC) has arraigned three foreigners and a vessel, MT Ostria, before the Special Offences Court in Lagos for the alleged theft of 25 million litres of Premium Motor Spirit (PMS) valued at approximately N12 billion. According to Linda Ikeji's Blog, the defendants, who pleaded not guilty to four counts of conspiracy and stealing, were granted bail, and the case was adjourned for trial.
Key Points:
- The EFCC arraigned three foreigners and the vessel MT Ostria for alleged oil theft.
- They are accused of stealing 25 million litres of PMS worth N12 billion from NNPC Retail.
- The defendants pleaded not guilty to charges of conspiracy and theft.
- The prosecution requested the court to remand the defendants, citing flight risk.
- The defence counsel requested bail, noting applications had been filed.
- Justice Mojisola Dada allowed the defendants to continue on existing EFCC bail.
- The case was adjourned to November 17 and 27, 2025, for trial commencement.
