The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Tuesday said the Corporation had recovered 1.6 billion dollars from some companies fleecing one of its subsidiaries.
Baru disclosed this in Abuja while fielding questions from newsmen after a visit by officials of the Chartered Institute of Forensic and Investigative Professionals of Nigeria (CIFIPN)
The Institute conferred an award of Honourary Fellow and Patron to Baru and solicited partnership with the corporation during the visit.
CIFIPN is an anti-Fraud organisation saddled with the responsibility of providing skills to professionals from relevant fields on the use of science and technology to detect, prevent and investigate fraud and also put some measures to prevent future occurrence.
He said that its upstream subsidiary fleeced was the Nigerian Petroleum Development Company (NPDC) .
He also said that under his watch, the corporation had made significant progress in terms of fraud detection, prevention and control.
“There is a lot of sanity that has happened in the industry as a result of this. Recently, due to the work, we were able to get the Atlantic companies who were fleecing the NNPC subsidiary, the NPDC, and we got an award for them to refund 1.6 billion dollars to the NPDC, through the arbitration process.
“We have also been able to stem fraud. High profile court cases were been set up to defraud the NPDC.
“ If you see the amount of money involved, if you do not have people who are determined to fight corruption, our chances would have been compromised by over 1.6 billion dollars.
“We have had cases, like NNPC versus IPCO, where they are demanding over 400 million dollars, and because of their activities, we were able to settle out of court with them for 37.5 million dollars, which is a saving of several percentages, about less than 10 per cent of the total amount.” he said
Baru added that the recovery was possible as all staff of the corporation and its business partners had imbibe transparency in all areas of their operations.
Commenting on the honours, he assured that he would support the institute with his wealth of knowledge to help boost forensic investigation in the country.
“This institute’s intention is quite laudable and conferment of fellows on me will make me more determined to support them and being a patron will make me to share some of the knowledge I have,’’ he said
Earlier in her remarks, Dr Victoria Enape, the Pro-tem President of CIFIPN, said the institute had watched the GMD with keen interest since assumption of office.
“We are here to sincerely appreciate you for being a champion of anti-corruption in NNPC, especially being a former chairman of the anti-corruption committee and now the chief executive,
“We believe that NNPC should be one of the organisations free of corruption, having somebody like you who is a champion of anti corruption,’’ she said
She said the institute also recognised NNPC’s partnership with Nigeria Customs Service and Department of Petroleum Resources in the fight against petroleum products smuggling in the country.
This, she said, was commendable, adding that effort to manage oil marketers and maintaining adequate supply of products in the country had shown the high level of transparency and accountability in the operations of the corporation.
She said Nigeria had lost billions of money to fraud, corruption and cyber crime, which had left the country with near empty treasury.
Enape said that fighting corruption must be sustained for the nation to be developed.
“Corruption, fraud and Cyber crimes have become an Octopus with huge tentacles extending into facets of human endavours and sparing no one in the process, politics, business and sports,’’ she said .
She solicited the support of the corporation in ensuring that the institute was established for the growth and development of the country.
Presidency confirms Mohammed as IGP
President Muhammadu Buhari Thursady confirmed Adamu Mohammed as the new Inspector General of police.
Mohammed’s confirmation was announced at the police council meeting which was presided over by Buhari in Aso Rock, Abuja.
The IGP was appointed in the acting capacity on January 15. He took over from former IGP, Ibrahim Idris who retired from service.
We’ll Treat Anyone Associated With IPOB As A Terrorist – Abia CP
The Abia State Police Command has warned the Indigenous People of Biafra (IPOB) against any activity capable of truncating the peace and safety of the residents.
The Commissioner of Police in the state, Ene Okon, gave the warning in an interview on Channels Television.
He said that anyone or group of persons associated with IPOB will be termed as a terrorist and dealt with severely.
“The Nigeria Police Force In Abia will treat any person associated with IPOB as a terrorist and such a person or group of persons will be dealt with according to the law”.
The commissioner’s comment comes in reaction to the sit-at-home-order issued by the proscribed movement, scheduled to come into effect on May 30, 2019.
He noted that security personnel have been put in strategic places, thereby assuring residents to go about their activities without fear.
“I am assuring the good people of Abia to disregard the illegal order and go about their normal businesses as there is every assurance of protection of lives and properties”, he added.
EFCC arrests Kwara Assembly clerk over alleged N400m severance pay
The Economic and Financial Crimes Commission (EFCC) is currently investigating alleged illegal payment of about N400 million to some members of the Kwara state House of Assembly, it was gathered.
Accordingly, the anti-graft body is quizzing Secretary to the State Government, Alhaji Sola Gold and the Clerk of the state House of Assembly, Kperogi Halimat Jummai over the alleged payment.
EFCC source maintained that the payment did not follow due process.
It was gathered that all the 24 lawmakers were two weeks ago paid the sum of N400 million severance package, when their tenure is yet to expire.
The petitioner said even though the lawmakers and members of the state executive council are entitled to severance package, it is the next administration that is supposed to pay the money, a source at the EFCC has said.
“More worrisome is the issue of furniture allowance running to hundreds of millions of naira according to the petitioner which they wanted it pay along with severance package,” the petitioner added.
Speaker of the Assembly Dr Ali Ahmed had in a letter with Governor Abdulfatah Ahmed, confirmed that the lawmakers are entitled to severance package at the end of their tenure on June 7th this year.
The letter reads that “in accordance with the provisions of the revenue mobilization, allocation and Fiscal Commission (RMAFC) honourable members are entitled to 200 percent of their annual basic salaries as their severance gratuity allowance at the end of their tenure of office.”
The clerk of the house, Halimat Jummai Kperogi confirmed that the lawmakers had received their severance package.
She was said to have told the operatives of the EFCC that Governor Ahmed approved the payment of the package.
Kperogi said “in a meeting of the principal officers of the Kwara House of Assembly wherein I was scheduled to be the secretary, held on May 8th, 2019, issue of severance gratuity to the honourable members was raised, the principal officers were informed that the state government has approved the payment of the severance gratuity.”
“At the meeting, I informed the house that the governor had approved the payment. I added that members were expected to be paid after the expiration of their tenure of office. The house debated it and they overruled me.”
Alhaji Gold on the other hand wrote and sought for the approval of the severance gratuity and furniture allowances amounting to about N300 million for some members of the state executive council.
Gold, in a letter to the governor dated May 8th, 2019 said “your Excellency, by virtue of the provisions of Kwara state remuneration of political and public office holders laws, certain category of political and public office holders are entitled to severance and furniture allowances of their basic salaries respectively upon
successful completion of tenure.”
Alhaji Gold said that while the lawmakers had received their monies, members of the state executive council are yet to receive their gratuity.