Swiss oil deals: Group asks NNPC to produce certified true copies of documents

SHARE THIS POST

ANEEJ made an FOI request.

The African Network for Environment and Economic Justice, ANEEJ, on Tuesday asked the Nigerian National Petroleum Corporation, NNPC, to produce certified true copies of the bid tenders, awards and other documents of the controversial multi-billion dollar oil deals with two Swiss firms.

A Swiss-based non-governmental advocacy group, Berne Declaration, in a report entitled, “Swiss traders’ opaque deals in Nigeria”, accused the NNPC of conniving with two Swiss oil trading firms, Vitol and Trafigura, to defraud Nigeria of several billions of dollars in oil deals.

The report had indicted the two major oil traders in Switzerland, and seven Nigerian oil importers of creating offshore subsidiaries referred to as ‘letterbox companies’ to swindle the country of over $6.8 billion in subsidy claims from the Federal Government between 2009 and 2011.

Read more at: http://www.premiumtimesng.com/business/156184-swiss-oil-deals-group-asks-nnpc-produce-certified-true-copies-documents.html

SHARE THIS POST