BREAKING: Reps Summon AGIP Oil Director, Top Management Team Over $72m Fraud

Reps have summoned AGIP Oil Director and Top Management Team over alleged $72m fraud.

 

NewsOnline Nigeria reports that the House of Representatives Committee on Public Petitions has summoned the Managing Director and top management of the Nigeria AGIP Oil Company over a petition alleging a $72 million fraud.

 

The petition, raised by De Coon Service Limited, accused AGIP of withholding and diverting the sum in collaboration with several individuals. The committee demanded the appearance of these parties before it as stated in the summons and hearing notice issued on June 10, 2024, and signed by the committee chairman. They are to present their briefs on the matter, both in soft copy and 10 hard copies on June 20, 2024.

 

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“Whereas the above-named petition is now pending before this Committee and the particulars aforesaid are hereby attached.

“And whereas the petition has been assigned to be heard by the Committee for determination, YOU ARE HEREBY required to note Sections 88 and 89(C) of the Constitution of the Federal Republic of Nigeria (as amended) and appear in person before this Committee on Thursday, 20th June, 2024 at 2.00 PM or as soon thereafter as the Committee shall direct,” the letter read.

 

The letter further warned that failure to attend the hearing could result in the matter being determined in the absentee’s absence.