Home » Reps Panel Summon Finance Minister, Attorney General Over Missing 48m Barrels Of Oil

Reps Panel Summon Finance Minister, Attorney General Over Missing 48m Barrels Of Oil

by John Ojewale
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The House of Representatives ad hoc committee investigating the ‘alleged loss of over $2.4 billion in revenue from the illegal sale of 48 million barrels of crude oil export in 2015, including all crude oil exports and sales by Nige­ria from 2014 till date’, has summoned the Finance Minister, Zainab Shamsu­na Ahmed and the Attorney General of the Federation (AGF), Abubakar Malami, to provide details of the status of remittances into the federation ac­count and the Whistle Blower Protec­tion Bill before the House.

According to Independent Ng, the panel issued the sum­mon on Tuesday at an investigative hearing on the subject matter. They also slammed “Oriental Energy Limited” with a one-week ultima­tum. They are to provide all necessary details regarding its involvement in crude oil lifting. As well as the sales within the peri­od under review.

Chairman of the ad hoc com­mittee, Hon. Mark Gbillah, gave the ruling at the end of day one of the investigative hearing in Abuja.

Addressing participants and his colleagues at the hearing, Gbillah said the focus of the panel is on the alleged sale of crude in China. Majority of which was not remitted back to the federation account. As well as oth­er related matters contained in the panel’s terms of reference.

“We are looking at the issues that have to do with allegations of 48 million of crude oil barrels sold in China. We are looking at the is­sue of crude oil export in general from Nigeria for the period under review. We are also looking at the whistleblower revelations and re­coveries, which the Federal Gov­ernment publicly declared that they have made recoveries.

“It’s unfortunate that the min­ister of finance is not here, the At­torney General of the Federation is not here.

“This is a formal request from the committee that they should appear before this committee be­cause they have received formal in­vitation to do so. And a lot of what we have to investigate regards to whistleblower policy is saddled within the Ministry of Finance and the Attorney General of the Federation.

“There are responses received from the Accountant General’s Office which shows that the min­ister of finance has been approving payments to whistleblowers in per­centages at variance with the poli­cy which says they should be paid.

 

 

cc: Independent Ng

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