News Formal

Despite Admitting CEO Kyari, CFO Ajiya Received Gratuities While In ‘Active Service’, Nigerian Petroleum Company Threatens SaharaReporters With Lawsuit, Demands N2Billion | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Nigerian National Petroleum Company Limited (NNPCL) has threatened to sue SaharaReporters over a publication exposing how its Chief Executive Officer, Mele Kyari and the Chief Financial Officer, Umar Ajiya were paid gratuities while still in active service. Gratuity is a sum of money paid to an employee at the end of a period of employment. NNPCL made the threat in a letter signed by its law firm Alegeh and Co. legal practitioners and sent to the online newspaper.

Despite Admitting CEO Kyari, CFO Ajiya Received Gratuities While In ‘Active Service’, Nigerian Petroleum Company Threatens SaharaReporters With Lawsuit, Demands N2BillionGratuity is a sum of money paid to an employee at the end of a period of employment.

The Nigerian National Petroleum Company Limited has threatened to sue SaharaReporters over a publication exposing how its Chief Executive Officer, Mele Kyari and the Chief Financial Officer, Umar Ajiya were paid gratuities while still in active service.NNPCL made the threat in a letter signed by its law firm Alegeh and Co. legal practitioners and sent to the online newspaper.SaharaReporters had exclusively reported how Kyari and Ajiya paid themselves billions of Naira as gratuities.

It was further learnt that the Act gives the Group CEO and CFO enormous powers without recourse to the President since there is a constituted board of NNPC.“The PIA has created a lacuna by giving the group CEO and CFO enormous powers to run the organisation without recourse to the President.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian Petroleum Company, NNPC Female Staff Threatening Me Over Abuja Property – Developer, Osakwe Cries Out | Sahara ReportersA top staff of the Nigeria National Petroleum Company (NNPC), Ms Asabe Waziri, has been accused of seeking to use her influence in the government to forcefully retain a property owned by an Abuja lawyer and Property Developer, Cecil Osakwe and threaten his career and business in the process. The top NNPC staff is also being accused of forceful entry into the premises of Abeh Signature Apartments in Maitama, owned by Osakwe, where she allegedly destroyed properties worth millions of naira for which she was reportedly charged to court.
Source: SaharaReporters - 🏆 9. / 63 Read more »