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LequteMan
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As controversy continues to trail the alleged unremitted $20 billion by the Nigerian National Petroleum Corporation, NNPC, to the federation account, the Nigerian Petroleum Development Company, NDPC, has denied receiving $6 billion from NNPC.
It was alleged that $6 billion which was part of the unremitted fund was given to NPDC, a subsidiary company of NNPC, but the management of NPDC at the Senate panel sharply contradicted the NNPC claim as it denied receiving any such money from the corporation.
The Managing Director, NPDC, Victor Briggs told the committee that what the company received was only funds to cover its capital and operational expenditure from NNPC but he did not mention the amount that was paid to NPDC.
More details here
Source: Nigeriran Eye
It was alleged that $6 billion which was part of the unremitted fund was given to NPDC, a subsidiary company of NNPC, but the management of NPDC at the Senate panel sharply contradicted the NNPC claim as it denied receiving any such money from the corporation.
The Managing Director, NPDC, Victor Briggs told the committee that what the company received was only funds to cover its capital and operational expenditure from NNPC but he did not mention the amount that was paid to NPDC.
More details here
Source: Nigeriran Eye
