House: Allegation of Missing 48m Barrels of Crude Oil Unsubstantiated, Fraudulent – THISDAYLIVE

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House: Allegation of Missing 48m Barrels of Crude Oil Unsubstantiated, Fraudulent – THISDAYLIVE
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•Directs EFCC, Police to arrest, prosecute purveyors Udora Orizu in Abuja The House of Representatives ad hoc committee that investigated the alleged missing of 48 million barrels of crude oil has

The House of Representatives ad hoc committee that investigated the alleged missing of 48 million barrels of crude oil has said the claim was false and unsubstantiated.The committee known as, “Ad-hoc Committee to Investigate the Alleged Loss of over $2.4 Billion in Revenue from the Illegal Sale of 48 Million barrels of Crude Oil in 2015 Including Crude Oil Exports from 2014 to date,” chaired by Hon.

“The security and anti-graft agencies should be advised to prosecute any of the individuals who initially made these allegations if any one of them continues to peddle these false allegations after the committee’s investigation; Similarly on the crude oil exports and sales by Nigeria from 2014 till date, the committee stated: “The committee recommends the continuation of a detailed investigation of all crude oil exports from Nigeria from 2011 till date involving all oil and gas companies operating in Nigeria who are involved in crude oil production and exportation and the detailed investigation of report of the consultants and legal team engaged by the federal government through NIMASA who identified loss of revenue to...

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