Nigeria House of Representatives to investigate the report by Berne Declaration
The House of Representatives’ Committees on Petroleum Upstream and Downstream), and Justice are to investigate the Nigerian National Petroleum Corporation (NNPC) for allegedly conniving with a Swiss trading firm to swindle the country of $6.8billion.
The committees would question the corporation for selling the country’s crude oil below the market value through what is termed “Letter Box Companies.”
Oilandgaspress asks if thy will recover any of the $6.8b for the country or merely go through the process and incurr more expenses by setting up more commitees!!