- The EFCC accused station manager Abdulazeez Gbadebo of diverting ₦500 million from Emadeb Energy Service Ltd. by manipulating pump meters and selling bulk fuel.
- Investigators said they recovered luxury cars, landed property and a bungalow from him, and plan to charge him in court.
The Economic and Financial Crimes Commission (EFCC) arrested a fuel station manager in Kaduna for allegedly diverting ₦500 million ($370,000) from his employer, Emadeb Energy Service Limited.
EFCC spokesperson Dele Oyewale said in a statement on Thursday, October 2, that operatives detained Abdulazeez Gbadebo after Emadeb filed a petition against him. The company also said an external audit exposed the fraud.
Furthermore, investigators said Gbadebo manipulated pump meters to sell bulk petrol and diesel, diverted proceeds into his private accounts, and used the funds to acquire luxury vehicles and real estate.
“Operatives arrested Gbadebo for alleged criminal breach of trust and diversion of funds to the tune of ₦500 million,” Oyewale said. “The suspect sold bulk fuel to customers, received payments through his private bank accounts and diverted proceeds for personal use.”
In addition, EFCC said it recovered two Mercedes-Benz vehicles, three Mini Coopers, a bungalow in Kaduna, and three landed properties linked to the suspect. Officials also recovered documents, including a certificate of occupancy issued by Kaduna’s land agency.
Oyewale said the commission would charge Gbadebo in court after completing the investigations.
The case reflects persistent concerns about financial crimes in Nigeria’s oil sector, which has struggled for decades with fraud, fund diversion, and mismanagement.