• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News Crime

Emefiele, Malami in trouble over missing 48million crude oil barrels, N32billion payments

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
June 5, 2023
in Crime
0
Cbn governor emefiele

The House of Representatives committee investigating the allegedly missing 48million barrels of crude oil has summoned the Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, to explain the missing N32.5billion, said to have been paid to two companies – Messrs GSCL Consulting and Biz Plus without formal documentation.

Recommended articles

  • Jail or kill me, I have no fear: Iyabo Ojo dares Lagos governor (Photos)
  • Attempts to pin defamatory names on Celestians will fail, church cautions bloggers (Video)
  • Drug Trafficking: Station calls out Nigerian man for declaring self king in South Africa
  • Jail or kill me, I have no fear: Iyabo Ojo dares Lagos governor (Photos)
  • Arsonists looted, killed and shared harvest cow before setting church on fire, member reveals
  • Caramel Plugg to drag influencers, bloggers to court over boyfriend’s sidechic (Photos)

The lawmakers also summoned the Attorney-General of the Federation and Minister of Justice (AGF), Abubakar Malami, the Accountant General of the Federation, Oluwatoyin Madein, the Auditor General of the Federation, Adolphus Aghughu, the Managing Directors of Exxon oil, the Minister of Foreign Affairs and Nigeria Agip Oil Company.

The House committee chaired by Mark Gbillah, issued the summon, on Monday at its sitting in Abuja.

The Chairman of the committee while speaking during the resumption of a rescheduled investigative hearing said that the available records revealed that CBN paid the sum of N16.5 billion each to the two companies on the same day contrary to Malami’s earlier submission that he didn’t know about the payment.

Gbillah said that “Because of lack of response to the committee invitations, summon had to be issued by the House to the Managing Director of Nigeria Agip Oil Company, Minister of Foreign Affairs, SNEPCO and SPDC, Auditor General for the Federation, Central Bank Governor because of their lack of appearance to issues requested by the House, GSCL Consulting Limited and Bizplus with regard to payment of N16.5billion on the same day.

“So clerk, you do a letter to AGF to avail us the detail of the approval for the engagement of the legal team and the related companies to carry out this investigation and provide us details of that legal team.

“In the letter, you request that the former AGF, former DG NIMASA also provide information on the status of this investigation and they will be invited in line with the submission of the report.”

He expressed displeasure over the representative of Shell Petroleum Development Company who identified himself as Igo Weli for lack of proper supervision.

Gbillah while responding to an earlier remark by the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Yusuf Jamoh, who appeared before the committee about a $1.7 billion judgment sum still outstanding for the Nigerian government to claim from a company that was found guilty of making false declaration about the crude oil taken away from the country, said the money belonged to the Nigerian people.

He said, “There exists about 9 other cases with regard to the alleged theft of Nigerian crude. This issue is not in our imagination.

“There is a formal legal judgment on this issue and there are cases still pending with regard to Nigerian crude. I call on the Tinubu administration, relevant stakeholders and the anti-graft agencies to realize that Nigerians are waiting for an explanation regarding why the $1.7 billion has not been recovered from Atlantic Energy Drilling Concept with regard to the judgment against them since 2020.

“This is money that belongs to all Nigerians and we expect that it should be appropriately accounted for.”

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.

Related Posts

quotes 1
Crime

‘Unacceptable!’ Yoruba group accuses police IG of bias, demands release of abducted OPC members over Wakili

by Freelanews
March 9, 2021
osun
Crime

Nigeria Police declare owner wanted after dogs mauled, killed 5yr old girl, injured mum

by Quadri Olaitan
August 31, 2023
Murtala Nyako scaled
Crime

‘Detained!’ Former governor aide, ex-ACP, arrested in connection with suspected fraudulent N80 million land sale

by Freelanews
November 6, 2021
BANDITS PS L scaled
Crime

‘Bombed!’ Gunmen attack police headquarters, free inmates in Imo

by Rtn. Victor Ojelabi
January 6, 2022
Articles Image Wealthiest Politicians Nigeria Army 1
Crime

‘Operation success’ Army arrests 66 suspects, loses 7 personnel in Niger

by Rtn. Victor Ojelabi
December 24, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

IMG 20251227 WA0022

Gospel Star Testimony Jaga Spreads Christmas Cheer, Shares Food Items With Thousands In Celebration of Christmas

December 28, 2025
IMG 20251228 WA0001

Apostle Suleman Hosts Deputy Italian Ambassador, Government and Security on Agenda

December 28, 2025
Abiodun SUVs and LG Autonomy

Dapo, his 20 SUVs and the umbilical cord

December 25, 2025
IMG 20251224 WA0039

President Tinubu’s bold economic policies yielding tangible results, Obasa declares

December 24, 2025
  • Trending
  • Comments
  • Latest
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
IMG 20251227 WA0022

Gospel Star Testimony Jaga Spreads Christmas Cheer, Shares Food Items With Thousands In Celebration of Christmas

December 28, 2025
IMG 20251228 WA0001

Apostle Suleman Hosts Deputy Italian Ambassador, Government and Security on Agenda

December 28, 2025
Abiodun SUVs and LG Autonomy

Dapo, his 20 SUVs and the umbilical cord

December 25, 2025
IMG 20251224 WA0039

President Tinubu’s bold economic policies yielding tangible results, Obasa declares

December 24, 2025
December 2025
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Nov    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

IMG 20251227 WA0022

Gospel Star Testimony Jaga Spreads Christmas Cheer, Shares Food Items With Thousands In Celebration of Christmas

December 28, 2025
IMG 20251228 WA0001

Apostle Suleman Hosts Deputy Italian Ambassador, Government and Security on Agenda

December 28, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.