The House of Representatives, on Tuesday, resolved to investigate the Nigerian National Petroleum Company Limited (NNPCL) and a multi-national oil company, AGIP, over allegations of fund diversion and failure to pay $72 million debt to a Nigerian company, Decoon Services Limited.
The lawmakers resolved to look into the matter after it received a petition from a
non-governmental organisation (NGO), Centre for Social Justice, Equity and Transparency (CSJET), laid before the House by its Deputy spokesman, Hon. Philip Agbese.
In the petition dated April 24, 2024, the Executive Director, CSJET, Com. Joshua Abah, asked the National Assembly to use its powers as conferred on it by Section 88(1) and (2) of the Constitution of the Federal Republic of Nigeria 1999 (As Amended).
He explained that the current case involved the alleged fraudulent diversion of funds in the sum of seventy-two million US dollars ($72,000,000) by Nigerian Agip Oil Company Limited and Mr. Mele Kyari, the Group…
Source: Leadership Newspaper
