The Economic and Financial Crimes Commission (EFCC) has arraigned a vessel, MT Ostria, alongside three individuals before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, over an alleged theft of over 13 million litres of Premium Motor Spirit (PMS), valued at about ₦12 billion, belonging to NNPC Retail Limited.
The defendants, Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin, and Mr. Vincent Wayas were arraigned on a four-count charge bordering on conspiracy and stealing.
Panaligam and Villarin were said to be off
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