EFCC arraigns accused oil marketer for bank fraud

[Glory Skales Charity]

An oil marketer, Seun Ogunbambo, who is facing two separate fuel subsidy fraud charges, was on Monday arraigned before a Lagos High Court in Ikeja, for bank fraud.
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The Economic and Financial Crimes Commission arraigned Ogunbambo along with his company, Adeline Investment Ltd, for fraudently obtaining a credit facility of over N1.2bn from Stanbic IBTC Bank Pls, between February and September 2009.