How Top Officials Of Oil Company, NNPC Limited Engage In Massive Contracts Fraud, Multi-billion Dollars Corruption | Sahara Reporters

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Leading the alleged corrupt acts according to some concerned Nigerians is Bala Wunti, the Group General Manager, National Petroleum Investment Management Services .

Some top management staff of the Nigerian National Petroleum Company Limited have been accused of awarding fraudulent multi-billion dollars contracts without recourse to procedure and due process.

“Now that NNPC has transited into a public limited liability company saddled with the responsibilities of raising funds both locally and internationally with huge investors' confidence, any atom of corruption cases, malpractices or fraudulent acts that are associated with the company will immensely affect NNPC Limited image and her functionalities,” the Association of Concerned Citizens said in a statement.

“Falsifying documents to conceal bribery payments. Fraudulently mischaracterizing bribes as normal business expenses. • Overbilling with an understanding that some of the payment is a bribe; and Inappropriate hiring practices, such as issuing contracts or hiring candidates solely based on referrals by government officials. Amidst the various indecent and corrupt practices being perpetuated by the GGM NAPIMS in the person of Mr.

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 /  🏆 9. in KR
 

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This is not news abeg…. E no shock us

When the head, heads nowhere, the tail goes asunder...... David Aye. A government that came to power by promise of corruption fighting, is now enmeshed in monumental corruption, in almost, if not all the sectors ot the economy, prompting d quiz if d govt is serious or complacent?

Prison await all of them...

Buhari is a sadistic arrogant fellow who doesn't know the cost of a barrel of crude. I'm also sure there are many other things Buhari doesn't know like when he said there's nothing like subsidy in 2014. Now that he is president and minister for petroleum subsidy has tripped.

oil minister is who again 🤔

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