Among the fraudsters against whom legal proceedings have been instituted in Nigeria, several have falsified maritime documents stamped “Mercuria Trading N.V.” or “Mercuria Energy Trading SA”. This is the case in particular for Ax Energy, a Nigerian company, which quite simply ‘invented’ deliveries by falsifying the whole set of documents in order to collect the subsidy (sets of bills of lading, letter of credit, quality certificate, import certificate, etc.). Other documents, authentic in this case, show that Mercuria nonetheless was in business with Ax Energy and its directors, who are currently awaiting judgement for fraud concerning 1.1 billion Nairas (6.82 million dollars). One of these latter is called Abdullahi Alao, son of Abdul-Azeez Arisekola Alao, an extremely rich businessman and prominent Muslim leader in his capacity as the Vice-President of the powerful Nigeria Supreme Council of Islamic Affairs. Mercuria also delivered petroleum products to Eterna Oil and Gas, against which proceedings have been instituted for having wrongly declared the import of 33.288 million litres of petrol. Eterna is managed by Mahmud Tukur, son of Alhaji Bamanga Tukur, the chairman of the Peoples Democratic Party (PDP), the party in power since 1999.
Posted on: Tue, 03 Dec 2013 15:08:05 +0000
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