EFCC Arraigns Former Port Harcourt Refinery MD on 12 Counts of Money Laundering
The Economic and Financial Crimes Commission has arraigned Ahmed Adamu Dikko, former Managing Director of Port Harcourt Refining Company, on 12 counts of alleged money laundering before a Federal High Court in Abuja.
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The Economic and Financial Crimes Commission (EFCC) has arraigned Ahmed Adamu Dikko, former Managing Director of Port Harcourt Refining Company Ltd (PHRC), on a 12-count charge of money laundering. Dikko appeared before Justice Inyang Ekwo of the Federal High Court in Abuja, where he pleaded not guilty to all counts.
According to Vanguard News, Dikko was charged in connection with alleged financial misconduct during his tenure at the state-owned refinery. The charges relate to the alleged misappropriation of funds amounting to 1.32 billion naira. The EFCC did not provide a detailed breakdown of the charges in the initial court appearance.
Channels Television reported that after the charges were read to him, Dikko entered a plea of not guilty. The court has not yet set a date for trial proceedings to begin. Dikko, who led PHRC for approximately four years, oversaw operations at one of Nigeria’s key petroleum refining facilities before his tenure ended.
The case is being prosecuted by the EFCC, Nigeria’s primary agency for investigating financial crimes. The commission has previously targeted high-level officials in both public and state-owned enterprises for alleged fraud and embezzlement.