In his presentation, Malami said, “Mr Chairman, let me state on record and for the benefit of Nigerians and the committee, that the alleg
ations relating to the 48 million barrels are baseless. The allegation is unfounded. It is lacking in merit, and indeed lacking in substance. It is in its own right – the allegation – devoid of any reasonable grounds pointing to a material suspicion that is cogent enough to invoke the constitutional oversight of the committee.
“Why do I say so? Sometime in 2016, allegations were rife and hyped in social media. There were allegations of the existence of stolen 48 million barrels of Nigerian crude oil in China, said to have been valued at $2.4bn. President Muhammadu Buhari informally requested the Attorney General – making reference to my humble person, Mele Kyari; former Director General, Department of State Services, Lawal Daura; and the late Abba Kyari to look into it and advise.
“But unfortunately, Mr Chairman, for there to be reasonable grounds for suspicion, at least you require certain basic facts. If you are talking of a product, you cannot establish the substance relating thereto without confirming the origin of the purported product in China. If you talk of a product in China, is it of Nigerian origin? That can be established by way of sample and specification.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malami to reps panel: Claim of ‘illegal’ sale of 48m barrels of oil unfounded | TheCableAbubakar Malami, attorney-general of the federation (AGF) and minister of justice, on Thursday, appeared before a house of representatives ad hoc committee investigating the alleged illegal sale of 48 million
Read more »
Malami to reps panel: Claim of ‘illegal’ sale of 48m barrels of oil unfoundedAbubakar Malami on Thursday, appeared before a house of reps committee investigating the alleged illegal sale of 48m barrels of crude oil...
Read more »
48m barrels missing crude oil: Malami appears before committee, says allegations baselessThe Attorney General of the Federation, Abubakar Malami has dismissed the “purported” missing 48 million barrels of crude oil. Malami, while appearing
Read more »
“Missing” Barrels of Oil: Malami finally appears before Reps panel, says allegation “baseless”He said the committee comprised himself, the Chief Executive Officer of NNPC Limited, Mele Kyari, a former Director General of State...
Read more »
'Growing from $4.4bn to $30bn economy' -- Enugu gov-elect inaugurates 64-member transition committee | TheCablePeter Mbah, governor-elect of Enugu, has inaugurated a 64-member transition committee ahead of his swearing-in on May 29.
Read more »
Taraba APC crisis deepens as faction wants ex-chairman arrestedMr Ahmadu said the purported suspension and expulsion of some members of the party was illegal, stating that Mr El’Sudi ceased to be the state chairman of APC on 10 February.
Read more »