Malami: Fraudsters behind claim that Nigeria lost N2.4bn from crude oil sale

By Femi Ogunshola
The Minister of Justice and Attorney General of the Federation (AGF) Abubakar Malami has stated the Federal Authorities has filed had filed a legal swimsuit against the contributors who alleged that Nigeria lost over 2.4 billion greenbacks income from illlegal sale of forty eight million barrels of low oil to China in 2015.
The Minister due to the this truth described the claim now being investigated by the Ad-hoc Committee of House of Representatives as baseless, unfounded and missing in advantage and substance.
Malami spoke on Thursday when he appeared earlier than the Reps ad-hoc Committee for the interval of the resumed hearing on the alleged sale of forty eight million barrels of low oil amounting to over 2.4 billion greenbacks and low oil export to world locations from 2014 up to now
The house had in December 2022, resolved to boom an ad-hoc committee to probe the allegation when it adopted a motion sponsored by Rep. Isiaka Ibrahim from Ogun, at plenary.
Malami stated the contributors who raised the allegations dangle tried to defraud the Federal Authorities below the guise that the alleged low oil stolen in China has been recovered.
Malami stated the continued investigation initiated by the house used to be unconstitutional and subjudice, adding that the prosecution of the petitioners which started in 2019 suffered setback as a results of sequence of adjournments introduced about by the absence of the accused persons.
He stated the allegation in its dangle just actual used to be devoid of any cheap ground, pointing to a fabric suspicion cogent ample to invoke the constitutional oversight of the committee.
He stated: “Let me disclose on file and for the coolest thing about Nigerians and the committee that the allegations touching on to the forty eight million barrels are baseless. The allegation is unfounded. It lacks advantage and certainly substance.
“The allegation in its dangle just actual is devoid of any cheap ground pointing to a fabric suspicion cogent ample to invoke the constitutional oversight of the committee.
“In 2016, allegations had been rife and hyped within the social media. There had been allegations of existence of stolen forty eight million barrels of Nigerian low in China stated to had been valued 2.4 billion greenbacks.”
He stated President Muhammadu Buhari requested Mele Kyari, Lawal Daura, dilapidated DG of DSS; tiresome Abba Kyari and him, to survey into it and utter accordingly.
He stated his build of work used to be instrumental to the restoration of diverse sums of fund deposited within the Asset Restoration Tale domiciled with the Central Monetary institution of Nigeria (CBN)
NAN