Reps Summon Magu, Emefiele, 6 Others Over Stolen $17bn Oil Money
The House of Representatives Ad hoc Committee investigating the alleged $17 billion stolen undeclared oil proceed has summoned Mr Ibrahim Magu, acting Chairman of Economic and Financial Crimes Commission (EFCC), thebGroup Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru; and Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele were to appear before it on Tuesday.
According to reports gathered by Confluence reporters, Others summoned in connection with the stolen fund were Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Dakuku Peterside, Accountant General of the Federation, Mr Ahmed Idris and Group General Manager, National Petroleum Investment Management Services (NAPIMS), and Director of the Department of Petroleum Resources (DPR), Mr Modecai Ladan, in connection with the stolen fund.
The Chairman of the committee, Abdulrazak Namdas, who stands as the spokesman of the House, noted that since the nation lived by oil proceeds, no fight against corruption could be meaningful without serious search-light on the industry.
Mamdaz noted that, this is especially when the perpetrators are high and mighty who inexorably are the models the society look up to.
He warned that the House would not hesitate to invoke its constitutional powers to compel the invited chief executives to appear, if they default.
He turned back directors and other
management staff who were sent as representatives of their respective organisations.
According to reports gathered by Confluence reporters, Others summoned in connection with the stolen fund were Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Dakuku Peterside, Accountant General of the Federation, Mr Ahmed Idris and Group General Manager, National Petroleum Investment Management Services (NAPIMS), and Director of the Department of Petroleum Resources (DPR), Mr Modecai Ladan, in connection with the stolen fund.
The Chairman of the committee, Abdulrazak Namdas, who stands as the spokesman of the House, noted that since the nation lived by oil proceeds, no fight against corruption could be meaningful without serious search-light on the industry.
Mamdaz noted that, this is especially when the perpetrators are high and mighty who inexorably are the models the society look up to.
He warned that the House would not hesitate to invoke its constitutional powers to compel the invited chief executives to appear, if they default.
He turned back directors and other
management staff who were sent as representatives of their respective organisations.

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