Nigeria, June 29 -- The Economic and Financial Crimes Commission (EFCC) has charged the immediate past Managing Director of the Port Harcourt Refining Company (PHRC), Ahmed Adamu Dikko, and his counterpart at the Warri Refining and Petrochemical Company (WRPC), Jimoh Olasunkanmi Yisawu, with money laundering over the alleged diversion of funds earmarked for the rehabilitation of Nigeria's moribund refineries, PREMIUM TIMES can report.

Court documents and briefs reviewed by this newspaper show that the anti-graft agency filed a 12-count charge against Mr Dikko and an eight-count charge against Mr Yisawu before the High Court of the Federal Capital Territory (FCT), Abuja, on 22 June.

The commission accused both former refinery chiefs of a...