The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it has recovered assets worth over N771million from some marketers, who had under-paid for petroleum products supplied to them from Petroleum Products Marketing Company (PPMC) Kaduna Depot.
Mr. Mike Balami, the Chairman of NNPC Anti-Corruption Committee, said the committee, in collaboration with Federal Government’s Intelligence and Anti-Corruption agencies such as the Department of State Security Services (DSS), Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission, recovered the assets from the defaulting marketers.
A release by Mr. Ndu Ughamadu, NNPC Group General Manager, Group Public Affairs Division, in Abuja yesterday, said NNPC Anti-Corruption Committee brought in forensic experts to uncover the shady deals by some of the marketers affected.
Balami disclosed that some of the assets recovered include filling stations, water factories and six sports utility vehicles, adding that the forensic investigation would be extended to the other depots across the country to stop the bleeding of the national oil company. Read more
