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By Desmond Mgboh
The Economic and Financial Crimes Commission (EFCC) has recovered N328,988,296.62 from nine major oil marketers between July 2016 sand 2017.
At a press conference this afternoon in Kano, the Commission stated that another N349,818,411,556.36 irregular transactions embarked upon by these major oil companies with the connivance of the Nigeria National Petroleum Corporation (NNPC) over the years is still being traced.
The agency said investigation against the major marketers followed a petition by Kano branch of Independent Petroleum Marketers Association of Nigeria (IPMAN) alleging gross irregularities by NNPC in favour of major marketers.
Some of the major marketers were alleged by EFCC to have returned these money following their investigation included.
Details soon.
