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LequteMan
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An anti-corruption non-governmental organisation, the Socio-Economic Rights and Accountability Project (SERAP), has petitioned the Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, requesting his agency to “urgently begin a thorough, transparent and effective investigation into allegations that $20 billion oil money is missing from the account of the Nigerian National Petroleum Corporation (NNPC).”
The petition followed allegation last week by the Central Bank Governor, Lamido Sanusi, that “NNPC is operating a racket through which the federation has been losing billions.”
Mr Sanusi made the allegation at the resumed Senate hearing on the matter, insisting that the NNPC has yet to account for $20 billion (equivalent N3.25 trillion) from the total $67 billion oil sales receipts from January 2012 to July 2013.
More details at Premium Times
The petition followed allegation last week by the Central Bank Governor, Lamido Sanusi, that “NNPC is operating a racket through which the federation has been losing billions.”
Mr Sanusi made the allegation at the resumed Senate hearing on the matter, insisting that the NNPC has yet to account for $20 billion (equivalent N3.25 trillion) from the total $67 billion oil sales receipts from January 2012 to July 2013.
More details at Premium Times
