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48mn Barrels Of Oil [Circa $2 Billion] Stolen By Nigerian Officials In One Heist In 2015 – Whistleblower

Unic Press UK: There is a serious allegation that some top government officials in the Muhammadu Buhari-led administration, including the Nigerian National Petroleum Corporation (NNPC) top management and political appointees, stole 48 million barrels of Bonny Light crude oil in a clandestine sleaze in October 2015.

It is believed that the Nigerian officials involved in this scandal had warehoused the highly-valued Bonny Light crude oil in storage facilities in China prior to selling it for personal gain; thereby defrauding the Nigerian government of a sum in excess of $2 billion.

Now, SAMANO SA DE CV, an industrial trade company, with offices in Mexico, the United States, Nigeria and Hong Kong that alerted the leadership of the NNPC on the stolen crude oil in 2015 is demanding a compensation in line with Nigeria’s whistle-blowing policy.

In a letter dated 23 July 2020, which was addressed to the NNPC Group Managing Director, the legal counsel to SAMANO SA DE CV, Lords & Temple gave the NNPC a 14-day period to pay a whistle-blower compensation, otherwise a court case will be instituted. Excerpts of the letter read:

“Sometime in October 2015, our client was approached by a group in the Peoples’ Republic of China (“China”) with the intent to sell 48 million barrels of Bonny Light Crude Oil (“the stolen products”) believed to have been stolen from the Federal Republic of Nigeria (“Nigeria”) and stored in various ports and terminals in China. It was revealed to our client that the Nigerian National Petroleum Corporations authorised certain companies to sell the stolen product in China. To date, our client has unfortunately not received any form of compensation for the information provided to the Nigerian Government in respect of the stolen products…”

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