THE House of Representatives, yesterday, started an all-inclusive investigation into alleged fraudulent activities of the Nigerian National Petroleum Corporation, NNPC, with Vitol and Transfigura Commodity Trading Firms.
This was sequel to a motion entitled Urgent Need to Investigate the Alleged Connivance of the Nigerian National Corporation, NNPC, with Swiss Oil Dealers to Rob Nigeria Billion of Dollars, moved by Abiodun Balogun (APC, Ogun State)
Also worrisome to Balogun was the fact NNPC and its subsidiaries have not published their financial details since 2005.
In a unanimous decision thereafter, the House sustained the motion when subjected to vote by the Deputy Speaker, Emeka Ihedioha, who presided over the plenary.It subsequently directed its standing committees on Petroleum Resources (Upstream), Petroleum Resources (Downstream) and Justice to probe all issues raised and report back within four weeks.
Meanwhile, attempts made earlier by the Minority Leader Femi Gbajabiamila (APC, Lagos) to include Committee on Public Accounts in the probe and another which came in the form of amendment motion by Abubakar Momoh (APC Edo) to delete the inclusion of the Justice Committee and replace it with that of Finance Committee, were killed by the lawmakers led by Deputy House Leader, Leo Ogor (Delta PDP).
Ogor said it was irrelevant to include the two committees when the House had appropriate committees for such investigations.
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