Update on the report ‘Swiss traders’ opaque deals in Nigeria’
The House of Representatives of the Federal Republic of Nigeria ordered an immediate investigation into a multibillion dollar scheme used by the Nigerian National Petroleum Corporation (NNPC) and Nigerian importers, in connivance with Swiss oil traders, to rip Nigeria off to the tune of nearly $7 billion following the Berne Declaration (BD)’s publication of its report, ‘Swiss traders’ opaque deals in Nigeria’.
So far the Government of Switzerland has said it has not yet received a request from any arm of the Nigerian government on the Berne Declaration report which exposed the fraudulent oil deals by Swiss-based traders acting in collusion with the Nigerian National Petroleum Corporation (NNPC), but is ready to assist when approached.
Briefing the press ahead of a two-day seminar on Anti-money Laundering and Combating Financing of Terrorism in Abuja Monday, the Swiss Ambassador to Nigeria, Dr. Hans-Rudolph Hodel, on the Berne report, said: “I have no knowledge that we have been contacted by the authorities. In case they will start proceedings and they will need our help, of course with international legal cooperation, we would help them if they approach us. But until now, they have not approached us.”
He however emphasised that the report by the Berne-based non-governmental organisation (NGO) was not representative of the position of the Swiss government.