The Economic and Financial Crimes Commission (EFCC) has dragged Ibrahim Nuhu Shuaibu before Justice Darius Khobo of the Kaduna State High Court, charging him with a N100 million fraud scheme involving impersonation and criminal breach of trust.
Shuaibu, posing as an NNPCL Group Executive Director, allegedly conspired with a deceased accomplice to defraud victims, promising fake petroleum product deals.
The scam, which dates back to 2017, saw Shuaibu swindle millions from unsuspecting individuals.
He pleaded not guilty to the seven-count charge, while his defense failed to secure a bail application. The court has remanded him in EFCC custody pending trial.
The case shines a spotlight on the growing menace of high-profile fraud and impersonation in Nigeria’s oil sector.
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