Tuesday, January 17, 2012

EFCC RAIDS PPPRA AND NNPC OFFICES.




The Ministry of Petroleum appears set to prove that it means business regarding its promise to fish out those belonging to the cabal that has perpetrated fraud in the fuel subsidy payments made by the Federal Government over the years, as the Economic and Financial Crimes Commission has swooped on the offices of the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigerian National Petroleum Corporation (NNPC).

This is coming barely a day after the Petroleum Minister, Mrs Diezani Alison-Madueke invited the anti-corruption body to review the subsidy payments on Premium Motor Spirit (PMS) or petrol and Kerosine, with a view to identifying those who abused the subsidy provision through over invoicing.

A day after the Economic and Financial Crimes Commission (EFCC) was invited by Petroleum Minister, Mrs Diezani Alison-Madueke, to investigate subsidy payments, the anti-graft agency has swooped on the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Nigerian National Petroleum Corporation (NNPC), taking away documents.

It would be recalled that President Goodluck Jonathan in a nationwide broadcast promised to investigate the alleged corruption in the importation of petroleum products.

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