Nigerian House of Representatives summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to explain why N32.5 billion was paid to two companies, GSCL Consulting and Biz Plus, without formal documentation.<\/p>\n
The\u00a0Auditor\u00a0General\u00a0for\u00a0the\u00a0Federation,\u00a0the\u00a0Accountant\u00a0General\u00a0for\u00a0the\u00a0Federation,\u00a0the\u00a0Minister\u00a0for\u00a0Foreign\u00a0Affairs,\u00a0and\u00a0the\u00a0Managing\u00a0Directors\u00a0of\u00a0Exxon\u00a0Mobil\u00a0and\u00a0Nigeria\u00a0Agip\u00a0Oil\u00a0Company\u00a0were\u00a0also\u00a0summoned. At\u00a0the\u00a0resumed\u00a0hearing,\u00a0the\u00a0summons\u00a0was\u00a0issued\u00a0by\u00a0the\u00a0chairman\u00a0of\u00a0the\u00a0Ad-hoc\u00a0committee\u00a0of\u00a0the\u00a0House\u00a0concerning\u00a0the\u00a0alleged\u00a0loss\u00a0of\u00a048\u00a0million\u00a0barrels\u00a0of\u00a0crude\u00a0oil\u00a0worth\u00a0over\u00a0$2\u00a0billion,\u00a0the\u00a0Honourable\u00a0Mark\u00a0Gbillah.<\/p>\n
According\u00a0to\u00a0Vanguard,\u00a0the\u00a0committee\u00a0also\u00a0summoned\u00a0the\u00a0Nigeria\u00a0Export\u00a0Promotion\u00a0Council\u00a0(NEPC)\u00a0over\u00a0$1.67\u00a0billion\u00a0in\u00a0unremitted\u00a0funds,\u00a0as\u00a0well\u00a0as\u00a0the\u00a0former\u00a0Attorney\u00a0General\u00a0of\u00a0the\u00a0Federation,\u00a0AGF\u00a0Abubakar\u00a0Malami\u00a0(SAN).<\/p>\n
According\u00a0to\u00a0Gbillah,\u00a0CBN\u00a0paid\u00a0N16.5\u00a0billion\u00a0to\u00a0each\u00a0of\u00a0the\u00a0two\u00a0companies\u00a0on\u00a0the\u00a0same\u00a0day,\u00a0contrary\u00a0to\u00a0Malami’s\u00a0earlier\u00a0claim\u00a0that\u00a0he\u00a0was\u00a0unaware\u00a0of\u00a0the\u00a0transaction. He\u00a0stated,\u00a0“Due\u00a0to\u00a0the\u00a0lack\u00a0of\u00a0response\u00a0to\u00a0committee\u00a0invitations,\u00a0summons\u00a0had\u00a0to\u00a0be\u00a0issued\u00a0by\u00a0the\u00a0House\u00a0to\u00a0the\u00a0Managing\u00a0Director\u00a0of\u00a0Nigeria\u00a0Agip\u00a0Oil\u00a0Company,\u00a0the\u00a0Minister\u00a0of\u00a0Foreign\u00a0Affairs,\u00a0SNEPCO\u00a0and\u00a0SPDC,\u00a0the\u00a0Auditor\u00a0General\u00a0for\u00a0the\u00a0Federation,\u00a0and\u00a0the\u00a0Governor\u00a0of\u00a0the\u00a0Central\u00a0Bank\u00a0for\u00a0failing\u00a0to\u00a0appear\u00a0before\u00a0the\u00a0House\u00a0on\u00a0issues\u00a0requested\u00a0by\u00a0the\u00a0House,\u00a0as\u00a0well\u00a0as\u00a0to\u00a0GSCL\u00a0Consulting\u00a0Limited\u00a0and\u00a0Bizplus\u00a0regarding\u00a0the\u00a0payment\u00a0of\u00a0N16.\u00a05\u00a0billion\u00a0on\u00a0the\u00a0same\u00a0day.”<\/p>\n
“Therefore,\u00a0clerk,\u00a0please\u00a0write\u00a0a\u00a0letter\u00a0to\u00a0the\u00a0AGF\u00a0to\u00a0provide\u00a0us\u00a0with\u00a0the\u00a0details\u00a0of\u00a0the\u00a0approval\u00a0for\u00a0the\u00a0hiring\u00a0of\u00a0the\u00a0legal\u00a0team\u00a0and\u00a0associated\u00a0companies\u00a0to\u00a0conduct\u00a0this\u00a0investigation,\u00a0as\u00a0well\u00a0as\u00a0provide\u00a0us\u00a0with\u00a0the\u00a0details\u00a0of\u00a0this\u00a0legal\u00a0team. “In\u00a0the\u00a0letter,\u00a0you\u00a0request\u00a0that\u00a0the\u00a0former\u00a0AGF\u00a0and\u00a0former\u00a0DG\u00a0of\u00a0NIMASA\u00a0provide\u00a0an\u00a0update\u00a0on\u00a0the\u00a0investigation’s\u00a0status,\u00a0and\u00a0they\u00a0will\u00a0be\u00a0invited\u00a0in\u00a0conjunction\u00a0with\u00a0the\u00a0submission\u00a0of\u00a0the\u00a0report.” Gbillah\u00a0also\u00a0criticised\u00a0Igo\u00a0Weli,\u00a0who\u00a0designated\u00a0himself\u00a0as\u00a0a\u00a0representative\u00a0of\u00a0Shell\u00a0Petroleum\u00a0Development\u00a0Company,\u00a0for\u00a0lacking\u00a0adequate\u00a0oversight.<\/p>\n
Bashir\u00a0Yusuf\u00a0Jamoh,\u00a0the\u00a0Director\u00a0General\u00a0of\u00a0the\u00a0Nigerian\u00a0Maritime\u00a0Administration\u00a0and\u00a0Safety\u00a0Agency\u00a0(NIMASA),\u00a0who\u00a0testified\u00a0before\u00a0the\u00a0committee\u00a0regarding\u00a0a\u00a0$1.7\u00a0billion\u00a0judgement\u00a0sum\u00a0still\u00a0outstanding\u00a0for\u00a0the\u00a0Nigerian\u00a0government\u00a0to\u00a0claim\u00a0from\u00a0a\u00a0company\u00a0found\u00a0guilty\u00a0of\u00a0making\u00a0false\u00a0declarations\u00a0about\u00a0crude\u00a0oil\u00a0taken\u00a0out\u00a0of\u00a0the\u00a0country,\u00a0said\u00a0that\u00a0the\u00a0money\u00a0belonged\u00a0to\u00a0the\u00a0Nigerian\u00a0people. “There\u00a0are\u00a0approximately\u00a0nine\u00a0additional\u00a0cases\u00a0involving\u00a0the\u00a0alleged\u00a0seizure\u00a0of\u00a0Nigerian\u00a0crude. This\u00a0is\u00a0not\u00a0a\u00a0figment\u00a0of\u00a0our\u00a0imagination.<\/p>\n
There\u00a0is\u00a0a\u00a0formal\u00a0legal\u00a0ruling\u00a0on\u00a0this\u00a0matter,\u00a0and\u00a0there\u00a0are\u00a0pending\u00a0cases\u00a0regarding\u00a0Nigerian\u00a0crude. I\u00a0call\u00a0on\u00a0the\u00a0Tinubu\u00a0administration,\u00a0relevant\u00a0stakeholders,\u00a0and\u00a0anti-corruption\u00a0agencies\u00a0to\u00a0recognise\u00a0that\u00a0Nigerians\u00a0have\u00a0been\u00a0waiting\u00a0since\u00a02020\u00a0for\u00a0an\u00a0explanation\u00a0as\u00a0to\u00a0why\u00a0the\u00a0$1.7\u00a0billion\u00a0judgement\u00a0against\u00a0Atlantic\u00a0Energy\u00a0Drilling\u00a0Concept\u00a0has\u00a0not\u00a0been\u00a0recovered.<\/p>\n
“This\u00a0is\u00a0money\u00a0that\u00a0belongs\u00a0to\u00a0all\u00a0Nigerians,\u00a0and\u00a0we\u00a0expect\u00a0it\u00a0to\u00a0be\u00a0accounted\u00a0for\u00a0properly,”\u00a0he\u00a0stated. The\u00a0director\u00a0general\u00a0of\u00a0NIMASA\u00a0subsequently\u00a0told\u00a0reporters\u00a0that\u00a0the\u00a0agency\u00a0was\u00a0monitoring\u00a0all\u00a0court\u00a0cases. He\u00a0stated,\u00a0“In\u00a02013,\u00a0when\u00a0the\u00a0revenue\u00a0profile\u00a0was\u00a0low,\u00a0the\u00a0Attorney\u00a0General’s\u00a0office\u00a0directed\u00a0NIMASA\u00a0to\u00a0coordinate\u00a0two\u00a0technical\u00a0teams\u00a0to\u00a0source\u00a0data\u00a0on\u00a0the\u00a0actual\u00a0lifting\u00a0of\u00a0petroleum\u00a0oil\u00a0and\u00a0the\u00a0final\u00a0destination\u00a0point\u00a0to\u00a0determine\u00a0whether\u00a0there\u00a0were\u00a0any\u00a0discrepancies.<\/p>\n
We\u00a0uncovered\u00a0inconsistencies\u00a0and\u00a0collaborated\u00a0with\u00a0the\u00a0legal\u00a0team\u00a0to\u00a0investigate\u00a0the\u00a0findings. The\u00a0legal\u00a0team\u00a0once\u00a0again\u00a0discovered\u00a0ten\u00a0companies\u00a0guilty\u00a0of\u00a0under-declaration\u00a0based\u00a0on\u00a0the\u00a0findings. “We\u00a0filed\u00a0lawsuits\u00a0against\u00a0those\u00a0corporations. The\u00a0majority\u00a0of\u00a0cases\u00a0are\u00a0still\u00a0in\u00a0court. We\u00a0prevailed\u00a0in\u00a0one\u00a0of\u00a0these\u00a0cases,\u00a0and\u00a0the\u00a0court\u00a0ordered\u00a0that\u00a0$\u00a01.7\u00a0billion\u00a0be\u00a0paid\u00a0to\u00a0the\u00a0government. “NIMASA\u00a0and\u00a0the\u00a0Attorney\u00a0General’s\u00a0office\u00a0continued\u00a0to\u00a0monitor\u00a0the\u00a0team\u00a0of\u00a0attorneys,\u00a0and\u00a0in\u00a0January\u00a0of\u00a0this\u00a0year\u00a0I\u00a0requested\u00a0an\u00a0update\u00a0on\u00a0the\u00a0judicial\u00a0cases.<\/p>\n
What\u00a0we’ve\u00a0discovered\u00a0is\u00a0that\u00a0some\u00a0cases\u00a0are\u00a0on\u00a0appeal,\u00a0and\u00a0the\u00a0legal\u00a0team\u00a0is\u00a0working\u00a0on\u00a0those\u00a0while\u00a0continuing\u00a0to\u00a0monitor\u00a0those\u00a0still\u00a0in\u00a0the\u00a0lower\u00a0court. “These\u00a0cases\u00a0are\u00a0not\u00a0filed\u00a0in\u00a0Nigeria,\u00a0but\u00a0rather\u00a0in\u00a0the\u00a0country\u00a0where\u00a0the\u00a0criminal\u00a0offences\u00a0occurred. “The\u00a0straightforward\u00a0answer\u00a0is\u00a0that\u00a0these\u00a0cases\u00a0are\u00a0still\u00a0pending\u00a0in\u00a0court,\u00a0and\u00a0some\u00a0have\u00a0not\u00a0yet\u00a0reached\u00a0the\u00a0stage\u00a0of\u00a0appeal.<\/p>\n
The\u00a0Attorney\u00a0General’s\u00a0office\u00a0and\u00a0NIMASA\u00a0are\u00a0not\u00a0the\u00a0only\u00a0entities\u00a0with\u00a0an\u00a0interest\u00a0in\u00a0this\u00a0matter. “The\u00a0EFCC\u00a0is\u00a0also\u00a0interested,\u00a0as\u00a0I\u00a0am\u00a0aware\u00a0that\u00a0they\u00a0are\u00a0investigating\u00a0and\u00a0working\u00a0to\u00a0ensure\u00a0that\u00a0the\u00a0companies\u00a0involved\u00a0are\u00a0held\u00a0accountable,”\u00a0he\u00a0said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nigerian House of Representatives summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to explain why N32.5 billion was paid to two companies, GSCL Consulting and Biz Plus, without formal documentation. The\u00a0Auditor\u00a0General\u00a0for\u00a0the\u00a0Federation,\u00a0the\u00a0Accountant\u00a0General\u00a0for\u00a0the\u00a0Federation,\u00a0the\u00a0Minister\u00a0for\u00a0Foreign\u00a0Affairs,\u00a0and\u00a0the\u00a0Managing\u00a0Directors\u00a0of\u00a0Exxon\u00a0Mobil\u00a0and\u00a0Nigeria\u00a0Agip\u00a0Oil\u00a0Company\u00a0were\u00a0also\u00a0summoned. At\u00a0the\u00a0resumed\u00a0hearing,\u00a0the\u00a0summons\u00a0was\u00a0issued\u00a0by\u00a0the\u00a0chairman\u00a0of\u00a0the\u00a0Ad-hoc\u00a0committee\u00a0of\u00a0the\u00a0House\u00a0concerning\u00a0the\u00a0alleged\u00a0loss\u00a0of\u00a048\u00a0million\u00a0barrels\u00a0of\u00a0crude\u00a0oil\u00a0worth\u00a0over\u00a0$2\u00a0billion,\u00a0the\u00a0Honourable\u00a0Mark\u00a0Gbillah. According\u00a0to\u00a0Vanguard,\u00a0the\u00a0committee\u00a0also\u00a0summoned\u00a0the\u00a0Nigeria\u00a0Export\u00a0Promotion\u00a0Council\u00a0(NEPC)\u00a0over\u00a0$1.67\u00a0billion\u00a0in\u00a0unremitted\u00a0funds,\u00a0as\u00a0well\u00a0as\u00a0the\u00a0former\u00a0Attorney\u00a0General\u00a0of\u00a0the\u00a0Federation,\u00a0AGF\u00a0Abubakar\u00a0Malami\u00a0(SAN). According\u00a0to\u00a0Gbillah,\u00a0CBN\u00a0paid\u00a0N16.5\u00a0billion\u00a0to\u00a0each\u00a0of\u00a0the\u00a0two\u00a0companies\u00a0on\u00a0the\u00a0same\u00a0day,\u00a0contrary\u00a0to\u00a0Malami’s\u00a0earlier\u00a0claim\u00a0that\u00a0he\u00a0was\u00a0unaware\u00a0of\u00a0the\u00a0transaction. He\u00a0stated,\u00a0“Due\u00a0to\u00a0the\u00a0lack\u00a0of\u00a0response\u00a0to\u00a0committee\u00a0invitations,\u00a0summons\u00a0had\u00a0to\u00a0be\u00a0issued\u00a0by\u00a0the\u00a0House\u00a0to\u00a0the\u00a0Managing\u00a0Director\u00a0of\u00a0Nigeria\u00a0Agip\u00a0Oil\u00a0Company,\u00a0the\u00a0Minister\u00a0of\u00a0Foreign\u00a0Affairs,\u00a0SNEPCO\u00a0and\u00a0SPDC,\u00a0the\u00a0Auditor\u00a0General\u00a0for\u00a0the\u00a0Federation,\u00a0and\u00a0the\u00a0Governor\u00a0of\u00a0the\u00a0Central\u00a0Bank\u00a0for\u00a0failing\u00a0to\u00a0appear\u00a0before\u00a0the\u00a0House\u00a0on\u00a0issues\u00a0requested\u00a0by\u00a0the\u00a0House,\u00a0as\u00a0well\u00a0as\u00a0to\u00a0GSCL\u00a0Consulting\u00a0Limited\u00a0and\u00a0Bizplus\u00a0regarding\u00a0the\u00a0payment\u00a0of\u00a0N16.\u00a05\u00a0billion\u00a0on\u00a0the\u00a0same\u00a0day.” “Therefore,\u00a0clerk,\u00a0please\u00a0write\u00a0a\u00a0letter\u00a0to\u00a0the\u00a0AGF\u00a0to\u00a0provide\u00a0us\u00a0with\u00a0the\u00a0details\u00a0of\u00a0the\u00a0approval\u00a0for\u00a0the\u00a0hiring\u00a0of\u00a0the\u00a0legal\u00a0team\u00a0and\u00a0associated\u00a0companies\u00a0to\u00a0conduct\u00a0this\u00a0investigation,\u00a0as\u00a0well\u00a0as\u00a0provide\u00a0us\u00a0with\u00a0the\u00a0details\u00a0of\u00a0this\u00a0legal\u00a0team. “In\u00a0the\u00a0letter,\u00a0you\u00a0request\u00a0that\u00a0the\u00a0former\u00a0AGF\u00a0and\u00a0former\u00a0DG\u00a0of\u00a0NIMASA\u00a0provide\u00a0an\u00a0update\u00a0on\u00a0the\u00a0investigation’s\u00a0status,\u00a0and\u00a0they\u00a0will\u00a0be\u00a0invited\u00a0in\u00a0conjunction\u00a0with\u00a0the\u00a0submission\u00a0of\u00a0the\u00a0report.” Gbillah\u00a0also\u00a0criticised\u00a0Igo\u00a0Weli,\u00a0who\u00a0designated\u00a0himself\u00a0as\u00a0a\u00a0representative\u00a0of\u00a0Shell\u00a0Petroleum\u00a0Development\u00a0Company,\u00a0for\u00a0lacking\u00a0adequate\u00a0oversight. Bashir\u00a0Yusuf\u00a0Jamoh,\u00a0the\u00a0Director\u00a0General\u00a0of\u00a0the\u00a0Nigerian\u00a0Maritime\u00a0Administration\u00a0and\u00a0Safety\u00a0Agency\u00a0(NIMASA),\u00a0who\u00a0testified\u00a0before\u00a0the\u00a0committee\u00a0regarding\u00a0a\u00a0$1.7\u00a0billion\u00a0judgement\u00a0sum\u00a0still\u00a0outstanding\u00a0for\u00a0the\u00a0Nigerian\u00a0government\u00a0to\u00a0claim\u00a0from\u00a0a\u00a0company\u00a0found\u00a0guilty\u00a0of\u00a0making\u00a0false\u00a0declarations\u00a0about\u00a0crude\u00a0oil\u00a0taken\u00a0out\u00a0of\u00a0the\u00a0country,\u00a0said\u00a0that\u00a0the\u00a0money\u00a0belonged\u00a0to\u00a0the\u00a0Nigerian\u00a0people. “There\u00a0are\u00a0approximately\u00a0nine\u00a0additional\u00a0cases\u00a0involving\u00a0the\u00a0alleged\u00a0seizure\u00a0of\u00a0Nigerian\u00a0crude. This\u00a0is\u00a0not\u00a0a\u00a0figment\u00a0of\u00a0our\u00a0imagination. There\u00a0is\u00a0a\u00a0formal\u00a0legal\u00a0ruling\u00a0on\u00a0this\u00a0matter,\u00a0and\u00a0there\u00a0are\u00a0pending\u00a0cases\u00a0regarding\u00a0Nigerian\u00a0crude. I\u00a0call\u00a0on\u00a0the\u00a0Tinubu\u00a0administration,\u00a0relevant\u00a0stakeholders,\u00a0and\u00a0anti-corruption\u00a0agencies\u00a0to\u00a0recognise\u00a0that\u00a0Nigerians\u00a0have\u00a0been\u00a0waiting\u00a0since\u00a02020\u00a0for\u00a0an\u00a0explanation\u00a0as\u00a0to\u00a0why\u00a0the\u00a0$1.7\u00a0billion\u00a0judgement\u00a0against\u00a0Atlantic\u00a0Energy\u00a0Drilling\u00a0Concept\u00a0has\u00a0not\u00a0been\u00a0recovered. “This\u00a0is\u00a0money\u00a0that\u00a0belongs\u00a0to\u00a0all\u00a0Nigerians,\u00a0and\u00a0we\u00a0expect\u00a0it\u00a0to\u00a0be\u00a0accounted\u00a0for\u00a0properly,”\u00a0he\u00a0stated. The\u00a0director\u00a0general\u00a0of\u00a0NIMASA\u00a0subsequently\u00a0told\u00a0reporters\u00a0that\u00a0the\u00a0agency\u00a0was\u00a0monitoring\u00a0all\u00a0court\u00a0cases. He\u00a0stated,\u00a0“In\u00a02013,\u00a0when\u00a0the\u00a0revenue\u00a0profile\u00a0was\u00a0low,\u00a0the\u00a0Attorney\u00a0General’s\u00a0office\u00a0directed\u00a0NIMASA\u00a0to\u00a0coordinate\u00a0two\u00a0technical\u00a0teams\u00a0to\u00a0source\u00a0data\u00a0on\u00a0the\u00a0actual\u00a0lifting\u00a0of\u00a0petroleum\u00a0oil\u00a0and\u00a0the\u00a0final\u00a0destination\u00a0point\u00a0to\u00a0determine\u00a0whether\u00a0there\u00a0were\u00a0any\u00a0discrepancies. We\u00a0uncovered\u00a0inconsistencies\u00a0and\u00a0collaborated\u00a0with\u00a0the\u00a0legal\u00a0team\u00a0to\u00a0investigate\u00a0the\u00a0findings. 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