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HomeNewsEFCC Arrests Ex-MDs Of NNPCL Refineries Over $2.96n Fraud, Discovers $80bn In...

EFCC Arrests Ex-MDs Of NNPCL Refineries Over $2.96n Fraud, Discovers $80bn In Ex’MD’s Account

A combined picture of Pot Harcourt Refinery and NNP XL logo

 

 

By Victory Oghene

The Economic and Financial Crimes Commission (EFCC) has arrested former managing directors and senior officials of Nigeria’s three major state-owned refineries — Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company.

The officials were arrested over the alleged mismanagement of $2.96 billion earmarked for refinery rehabilitation projects.

Sources within the EFCC revealed that the arrested officials, including former Port Harcourt Refining Company MD Ibrahim Onoja and Warri Refinery’s Efifia Chu, are being investigated for their roles in the alleged diversion and misappropriation of funds allocated for the turnaround maintenance of the refineries.

In the same vein, operatives of the EFCC have uncovered a staggering N80 billion in multiple bank accounts belonging to one of the recently sacked managing directors of the NNPCL refineries.

The discovery was part of an ongoing investigation into the alleged misappropriation of $2.96 billion for refinery rehabilitation.

Efforts by NATIONAL WAVES to speak to Olufemi Soneye , Chief Corporate Communications Officer (CCCO) of the NNPCL on the matter met a Brickhill Ltd were futile as calls to his mobile phone were not answered neither were the text messages acknowledged.

 

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