The Economic and Financial Crimes Commission (EFCC) has filed money laundering charges against Ahmed Dikko and Jimoh Yisawu, former managing directors of the Port Harcourt Refining Company (PHRC) and Warri Refining and Petrochemical Company (WRPC), over the alleged diversion of funds released for the rehabilitation of Nigeria’s refineries.
According to a report by Premium Times, the anti-graft agency filed separate charges against the two former refinery chiefs at the high court of the Federal Capital Territory (FCT) in Abuja on June 22.
Dikko is facing a 12-count charge, while Yisawu is facing an eight-count charge bordering on alleged money laundering, unlawful cash transactions, concealment of illicit funds and abuse of office.
The EFCC alleged that Dikko received and retained funds from contractors engaged by the Nigerian National Petroleum Company (NNPC) Limited, concealed the origin of some of the money through third-party accounts, and carried out transactions that
