EX-NNPC Chiefs And Firm Under Probe Over N8.1b Bonga Oil Field Judgment - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
November 12, 2019
Six former top officials of the Nigerian NationalPetroleum Corporation NNPC are under investigation for their involvement in theaward of a contract which led to over 22 million dollars judgment debt againstthe corporation.
Some officials of the National Petroleum InvestmentManagement Services NAPIMS have also been invited for questioning.
It was learnt that a Senior Advocate of Nigeria, whois an NNPC counsel, has appeared before the investigation team.
The Economic and Financial Crimes Commission EFCChas written to the Chief Justice of Nigeria, Tanko Muhammad, on its ongoingprobe of the contract ahead of NNPC’s demand for a judicial review of the judgmentcash by the Supreme Court.
The apex court had ordered NNPC to pay 8.1 billionnaira to BCE Consulting Engineers over a failed Consultancy Service Contract.
The contract, dated May 20, 1999, was in respect ofSNEPCO Bonga Field Development Project in OPL 212.
But the Federal Government and the NNPC are seekingthe review of the July 5th, 2019 judgment following alleged error of facts.