NNPC denies keeping hidden accounts

NNPC denies keeping hidden accounts

- NNPC says the office of the presidency has been notified about the existence of accounts being operated by the corporation

- The spokesperson for the agency says the case against some commercial entities at the Federal High Court, Lagos over the alleged hidden remittances would soon be withdrawn

- A militant group in the Niger Delta region gives the group managing director of the NNPC, Maikanti Baru, a 14-day ultimatum to apologise for allegedly disrespecting Ibe Kachikwu

Reports that the Nigerian National Petroleum Corporation (NNPC) allegedly colluded with some banks to prevent the remittance of some funds into the Treasury Single Accounts (TSA) scheme, as directed by the federal government has been dismissed by the corporation.

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The group general manager, public affairs division of NNPC, Ndu Ughamadu, in a statement described the allegations as inaccurate, The Independent reports.

The spokesperson explained that the office of the presidency, the accountant general of the federation, (AGF) and the Central Bank of Nigeria, (CBN) had been notified about the existence of the accounts prior to the emanation of the report on the said accounts.

The NNPC said the case against some commercial entities at the Federal High Court, Lagos over the alleged hidden remittances will soon be withdrawn by the consultant appointed by government to investigate the case.

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Meanwhile, a militant group in the Niger Delta region, Adaka Boro Avengers (ABA) has given the group managing director of the Nigerian National Petroleum corporation (NNPC), Maikanti Baru, a 14-day ultimatum to apologise for disrespecting the minister of state for petroleum resources, Dr Ibe Kachikwu and also, appointing only northerners into the oil firm.

The group warned that at the expiry of the ultimatum, it would launch attacks on Bonny, Nembe and Forcasdos trunk lines, The Sun reports.

The group in statement signed by its spokesman, General Edmos Ayayeibo, accused President Muhammadu Buhari of aggravating the fragile peace in the Niger Delta region.

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Source: Naij.com

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