Illegal Sale: Reps Invite Ministers, Firms Over $2.4bn Oil Sale

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The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal sale of 48 million barrels of crude oil valued at $2.4bn. The Investigate for the Alleged Loss is Over $2.4bn in Revenue for 2015 Including All Crude Oil Exports and Sales by Nigeria from 2014 Till Date.
The committee, in a notice to the invitees on Monday, also demanded memoranda from whistle-blowers whose alarm had led to recovery of public funds from corrupt individuals and organisations.
They invited 100 individuals, organisations and groups, including the Nigerian National Petroleum Company Limited; as well as oil, major telecommunication firms, banks and Dangote Industries Limited/Dangote Refinery including all other JV, PSC and marginal field operators.
Other top government officials have also been invited.
The committee had held an investigative hearing at least twice during which invitees, including the Nigeria Police Force and INTERPOL we’re grilled.
In addition, the panel would investigate all proceeds recovered through the Whistle-Blowers Policy of the regime led by the President, Major General Muhammadu Buhari (retd.), and the level of compliance with the policy.
The committee is to report back within four weeks for further legislative action.