EFCC Recovers N328.9b From Total, MRS, Others

The Economic and Financial Crimes Commission (EFCC), Kano Office, has recovered N328,988,296,990.62 from some major oil marketers. The retail oil marketers are Conoil Plc, Total Plc, OVH Energy Plc, Forte Oil and Gas Plc, Mobil Plc, MRS Oil Plc and NIPCO Oil Plc The recovery followed a petition against the leadership of the Nigerian National Petroleum Corporation (NNPC) and its subsidiary, Pipelines and Product Marketing Company (PPMC). According to a statement by the EFCC Head of Media and Publicity, Mr. Wilson Uwujaren, the breakthrough was the consequence of an investigation into alleged diversion of N40 billion by the affected marketers. The statement said: “The petition alleged that a whooping sum of N40 billion had been diverted by the major oil marketers in connivance with the leadership of the NNPC and PPM

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