Reps Committee fumes over loss of $2.4bn crude oil revenue to China

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The Chairman of the House of Representatives adhoc Committee investigating the alleged sale of about 48 million barrels of crude oil and loss of about $2.4 billion in China, Mark Gbillah alleged that some persons who were fugitive of the law in their country were busy doing business in the nation’s oil and gas sector.

Hon Gbillah also said that the House may issue summons on the owners of Sterling Exploration and Sterling Global for failure to appear before the Committee.

While speaking on Wednesday at the resumed investigative hearing of the Committee on Wednesday, the lawmaker lamented that the Minister of Finance, Budget and National Planning has refused to appear before the committee…



Source: Nigerian Tribune