EFCC Drags Three Foreigners to Court Over Alleged ₦12 Billion Oil Theft in Lagos Waters
Foreigners Arraigned Over ₦12B Oil Theft in Lagos

In a major crackdown on economic sabotage, Nigeria's Economic and Financial Crimes Commission (EFCC) has brought three foreign nationals before justice for their alleged involvement in a massive crude oil theft operation.

The accused individuals - one Polish national and two Russian citizens - were arraigned before Justice Ibrahim Kala of the Federal High Court in Lagos on multiple charges related to illegal oil activities.

The Alleged Crime

According to EFCC prosecutors, the three foreigners were caught with a staggering 1,738.087 metric tonnes of crude oil valued at approximately ₦12,038,283,390.00 (Twelve Billion, Thirty-Eight Million, Two Hundred and Eighty-Three Thousand, Three Hundred and Ninety Naira).

The illicit activity reportedly took place within Nigeria's territorial waters, specifically around the Lagos area, raising serious concerns about the security of the country's maritime assets.

Court Proceedings and Charges

The EFCC has slammed the defendants with multiple counts including:

  • Dealing in petroleum products without proper authorization
  • Illegal possession of crude oil
  • Attempting to deal in illegally acquired crude oil
  • Engaging in activities that amount to economic sabotage against the Nigerian state

During the court session, the prosecution counsel presented evidence detailing how the defendants were intercepted with the stolen petroleum product aboard a vessel.

Legal Standoff and Bail Conditions

While the three foreigners pleaded not guilty to all charges, the prosecution strongly opposed bail applications, arguing that the defendants posed a significant flight risk given their foreign nationality and the serious nature of the offences.

Justice Kala has adjourned the case for further hearing on the bail applications, with the defendants currently remanded in EFCC custody pending the court's decision.

Broader Implications

This case represents another significant effort by Nigerian authorities to combat the rampant theft of the country's oil resources, which has cost the nation billions in lost revenue over the years.

The involvement of foreign nationals in such large-scale oil theft operations highlights the international dimension of the problem and the need for stronger cross-border cooperation in tackling economic crimes.