EFCC has apprehended the recently dismissed managing directors and senior officials

Started by Olatunbosun, 2025-05-03 08:02

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Those arrested include: - Mr. Ibrahim Onoja, former Managing Director of Port Harcourt Refining Company Ltd. - Mr. Efifia Chu, former Managing Director of Warri Refining and Petrochemical Company Ltd. Key details: - $1.5 billion was designated for the rehabilitation of the Port Harcourt refinery. - $740 million was allocated for the Kaduna refinery. - $656 million was approved for the Warri refinery.
download - 2025-05-03T080022.042.jpeg
Investigations by the EFCC have reportedly revealed that one of the dismissed managing directors has N80 billion in his personal account, according to high-level sources at the Nigerian National Petroleum Company Limited (NNPCL). A senior EFCC official, who wished to remain anonymous, confirmed the arrests to The PUNCH, stating that the operation is part of an ongoing investigation into the distribution and application of substantial funds meant for the "quick-fix" maintenance of the three state-owned refineries.
FB_IMG_1746280560327.jpg
"We are examining the funds that were released for the rehabilitation of all three refineries. Some officials have already been detained, and we continue to seek others. Nigerians are demanding accountability—where is the money, and what has transpired with the refineries?" the source remarked. Additionally, The PUNCH has obtained a document dated April 28, 2025, titled 'Investigation Activities: Request for Information', from the NNPCL, indicating that the EFCC's inquiry also involves the former Group CEO of NNPCL, Mele Kyari, along with 13 other previous senior executives from the corporation.