The House of Representatives adhoc Committee yesterday said it is set to sanction former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, for failing to appear before it to explain her role in the controversial oil swap deal worth about $24 billion between 2010 and 2014.
The committee had on Monday, February 22, summoned Mrs. Diezani to appear before it on March 2, to explain her role in the crude oil swap during her tenure in office but she neither appeared in person before the panel which is chaired by an All Progressives Congress lawmaker from Kwara State, Mr. Zakari Mohammed nor sent a representative.
Piqued by the development, Mohammed assured that the House of Representatives is now left with no option but to take “appropriate sanction” against Diezani in due course. He further stated that appropriate sanction also awaits former Managing Director of PPMC, Mr. Haruna Momoh who also failed to honor the committee’s invitation to shed light on his role in the controversial deal.
The invitation to appear before the house was prompted by the disclosure made by former Group Managing Directors (GMD) of the NNPC, who appeared at the hearing of the adhoc committee, saying that Mrs. Diezani approved the sum of $24 billion for Renewal of the Crude Oil/Refined Products Exchange Agreement without contracts.
Responding to the allegation last week through her spokesman the former minister said the statements by the former group directors of NNPC were fabricated lies, deviously concocted to slander her person.
According to her, the renewals were dully approved with contracts.
In view of the criticality of the situation. Expiry of those terms was put at December 31, 2014, following assurances to the Minister that the contractual obligations of the parties to NNPC had, in fact, been fully met, despite the regrettable lapse in renewal time.
Meanwhile, Mr. Donald Chidi Amamgbo, a cousin to the the former minister was arrested by operatives of the Economic and Financial Crimes Commission (EFCC) for allegedly using four firms to illegally lift crude oil. According to reports Mr. Amamgbo got approval to lift Nigerian crude oil without any previous experience and have used four of his companies Mezcor Oil and Gas Limited, Tridax Oil and Gas Limited, Lynear Energy Limited and Bulk Strategic Reserve Limited to lift oil and gas worth billions of dollars.