Heyden Boss, Dapo Abiodun Pursues Senatorial Ambition As Police Renew Investigation Linking Him To N594m Fuel Subsidy Fraud

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The police authorities have declared a manhunt for the Heyden Oil boss, Mr Dapo Abiodun as renewed investigations into allegations linking him to a N594m fuel subsidy resurfaces. This renewed investigation into the case is as a result of a petition against him by a civil society group,Coalition Against Corrupt Leaders.

Spokeswoman of the Police Fraud unit, Mrs Ngozi Agu-Isintume who confirmed the probe when contacted on the phone today explained that the investigation was based on a petition submitted against the oil marketer by a civil society group, Coalition Against Corrupt Leaders,CACOL. The Police Spokeswoman declared when called to confirm the renewed investigation, “We have received a petition in that regard and we will look into it”, she disclosed.
The Coalition Against Corrupt Leaders (CACOL) had strongly petitioned the Police about this case and as a result, the Police have reopened the investigation against the Heyden Oil man and also declared a manhunt for the man who is at this time nursing a senatorial ambition and is campaigning for the 2015 elections in Ogun state.

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

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.’