Unic Press UK: Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC, said that it recovered the sum of ₦328,988,296,990.62 from nine major marketers of petroleum products.
The monies were recovered from:
- NNPC retails
- Conoil Plc
- Total Plc
- OVH Energy Plc
- Oando Plc
- Forte Oil and Gas Plc
- Mobil Plc
- MRS Oil Plc
- NIPCO Oil Plc
The details of funds that had been recovered was contained in a press statement today by the EFCC:
“The recovery was sequel to a petition against the leadership of Nigeria National Petroleum Corporation, NNPC and its subsidiary, Pipelines and Product Marketing Company, PPMC. The petition alleged that a whooping sum of ₦40billion had been diverted by the major oil marketers in connivance with the leadership of the NNPC and PPMC.
“Upon the conclusion of the preliminary investigation, officials of NNPC/PPMC and all the managing directors of the concerned companies which are NNPC retails, Conoil Plc, Total Plc, OVH Energy Plc, Oando Plc, Forte Oil and Gas Plc, Mobil Plc, MRS Oil Plc, and NIPCO Oil Plc were invited to the Kano Zonal Office of the Commission where their statements were recorded following which the recovery process commenced.
So far, a sum of ₦328,988,296,990.62 (Three Hundred and Twenty Eight Billion , Nine Hundred Eighty Eight Million, Two Hundred and Ninety Six Thousand, Nine Hundred and Ninety Naira, Sixty Two Kobo) has been recovered from the major oil marketers.” (EFCC: 26th July 2017)
