WE WILL EXPOSE THE ROT IN THE NNPC, NPDC UNDER DIEZANI ALLISON MADUEKE – DR. KAYODE FAYEMI

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It is really not looking the best of times for embattled minister for Petroleum, Diezani Allison given myriad of allegation of fraud perpetrated under her watch as minister. Her tenure no doubt has been the most alleged as far as corruption was concerned.

Prior to the March28 Presidential Election, the minister perceived herself as above the law, in those times, she was summoned by the National Assembly to come and answer to the allegation of missing $20B but the seemingly powerful minister turned down the invitation of the lawmakers with the flimsy excuse that she was too busy to come and sit and be quizzed like a kid. Again she was asked to come and clear herself on the allegation of squandering over =N=10B yearly on private jet for personal and official use, she again turned down that invitation. On that occasion, she got the backing of Mr. President who in one of his media chat came to the defence of the minister, when he said that was what obtained in other part of the world as far as petroleum industry was concerned.

On the missing t$20B, an audit firm, Price Water House Cooper  PWHC contracted by the ministry to audit the account of NNPC in respect of the missing monies. The firm came out with a report which is yet to be made public. The NNPC however told Nigerians that the audit firm did not find any money missing rather they found an unremitted amount $1.4B which the corporation claimed would be paid back in piecemeal why the money was unremitted, they have not told Nigerians, when and how they want to refund the money has not been explained either.

Recently, there has been growing concern by Nigerians as to what the content of the PWCH report was. A chieftain of the APC, Dr. Kayode Fayemi has openly accused the minister of feeding Nigerians with falsehood and has assured Nigerians that the original report of the audit firm would be made public to expose the rot in the ministry after May 29th.  Fayemi claimed that the monies found missing by the report was way above $1.4B claimed by NPDC and NNPC. The embattled minister apparently sensing disgrace has instructed that the $1.4B be returned to the coffers of the ministry before May 29th

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