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 :: Cover Story...

Wednesday, November 19, 2014.


Police Renew Investigation In N594m Fuel Subsidy Fraud Indictment Against Heyden Boss, Dapo Abiodun, As He Continues Canvassing Votes For Senatorial Ambition.

Heyden Petroleum Boss, Dapo Abiodun is back on the front burner of social discourse.

The police authorities have renewed investigations into allegations of N594m fuel subsidy against.

This development comes at the instance of human right group,  Coalition Against Corrupt Leaders (CACOL).

The body petitioned the police authorities to look into the fraud charges against the oil marketer exploring ways to become a

Dapo Abiodun

Senator representing Ogun state in the next general election.

The Coalition Against Corrupt Leaders premise it's action on assertion that ' out of about 25 oil marketers indicted by the federal government, only Mr Dapo Abiodun of Heyden Petroleum has not been made to refund the N594 million he fraudulently received from government, hence the need to get the police to visit the case and unravel how he has been able to escape from the searchlight of our law-enforcement agencies.”

And according to information sourced by societynowng.com from The Nation the non governmental organisation urged the police authority via the Police Special Fraud Unit (SFU), Lagos urgently look into the matter.

According to The Nation CACOL specifically stated 'We draw your attention to and call for your urgent investigation of a fraud of N594 million allegedly perpetrated by Mr Dapo Abiodun who is the Chief Executive Officer of Heyden Petroleum. From the information available to us, Mr Abiodun committed the fraud under the controversial fuel subsidy regime of the present federal government.

“It is on record that the federal government, through the federal ministry of finance, indicted 25 oil-marketing firms for defrauding the government of a whopping N408 billion in fictitious subsidy claims. The indictment was contained in a statement by the Minister of Finance, Dr Ngozi Okonjo-Iweala through her Senior Special Assistant (Communications), Mr Paul Nwabuikwu on August 22, 2012.

“Surprisingly, from our findings, virtually all the indicted companies have either been made to make refunds or are being prosecuted by the law-enforcement agencies, yet, no one has deemed it fit to question Mr Abiodun and his Heyden Petroleum.'

Further revelations has it Spokesperson of Special Fraud Unit, Mrs Ngozi Agu-Isintume, a Deputy Superintendent (DSP), confirmed receipt of the petition and that 'we will look into it'

The development transpired yesterday, Tuesday, November

Informants however disclosed to societynowng.com that while renewed investigation into fuel subsidy fraud indictment against him are being perfected, the Oil marketer is busy canvassing for votes to prosecute his senatorial ambition in Ogun state.

Dispelling rumour the businessman turned politician was already arrested over the issue, an associate Wale Adedayo posted on social media forum, naijahottestgists ' And who is holding the Amosun ally? We are currently going round INEC registration centres with Prince Dapo Abiodun across Ogun East Senatorial District. But those who cannot become Councillors in their hometowns are mudslinging. Anyway, Dapo dey kampe. Let the mudslinging coontinue o!'

NB: Some online news spotters pick and use our stories down to the dot of 'Ts' and 'Is'  without recourse to credit. We demand that this anormaly is corrected. Plagliarism is a crime.

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