Reps threaten to issue warrant against NNPC, Malabu Oil over OPL 245

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According to reports, the House of Representatives Ad-hoc Committee investigating the alleged malpractices and breach of due process in the award of OPL 245 has accused the NNPC and Malabu Oil of plots to frustrate its investigation.

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The committee also expressed its displeasure over the conduct of the Economic and Financial Crimes Commission (EFCC) and Shell Petroleum Development Company (SPDC), for delaying the committee’s assignment.

Chairman of the ad-hoc committee, Hon. Rasaq Atunwa, vowed that the House of Representatives, particularly his committee would not tolerate any attempt to forestall the investigation.

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He also threatened to issue a warrant against NNPC and Malabu Oil for failing to appear before the committee.

According to him, OPL 245 oil bloc is estimated to hold 9.2 billion barrels of crude oil, and Nigeria has been short-changed to the tune of $1.1 billion.

Atunwa explained that the absence of representatives from NNPC and Malabu Oil and A.A. Oil, suggested that the entities have something to hide from the House.

“There is something they are running away from and hiding from this House,” Atunwa said.

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The ad-hoc committee however afforded EFCC and SPDC, whose representatives were present at the meeting, an opportunity to make written submissions to the committee on or before October 18, 2016.

 

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