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Home ยป Malami, legislators Quarrel Over Missing $2.4 Billion Oil

Malami, legislators Quarrel Over Missing $2.4 Billion Oil

AdminBy AdminMay 25, 2023Updated:May 25, 2023 Economy No Comments1 Min Read
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The Attorney-General of the Federation was questioned once more on Thursday by the House of Representatives Committee looking into the missing $2.4 billion in oil.

Legislators questioned Malami about why he didn’t follow through on information from a whistleblower.

Malami said that the whistleblower lacked adequate proof to take action.

“As far as this matter is concerned, there were no reasonable grounds or suspicions justifying the evocation of the National Assembly’s oversight function,” he stated.

Mark Gbillah, the committee’s chairman, disagreed, saying that there is more than enough evidence for the committee to take action.

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Contrary to what you’ve said, the committee has documents indicating storage of specific products, documents demonstrating approval for the lifting of specific quantities of crude outside the country, and documents indicating storage of crude in specific locations in China, Gbillah said. We’ll make them available to you.

The committee ultimately decided that Malami should disclose all of the money that was made possible under the whistleblower policy.

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Approval for crude lifting abroad comes into question Approval for lifting specific quantities of crude questioned Attorney-General Malami faces scrutiny over $2.4 billion Attorney-General of the Federation under scrutiny Chinese crude storage locations exposed in documents Chinese storage locations indicated in documents Committee Chairman disputes Malami's claims Committee demands disclosure of money under whistleblower policy Crude storage in China revealed through documents Detailed documents reveal specific product storage Evidence of specific products storage presented Full disclosure of funds sought under whistleblower policy House committee challenges Malami on missing funds House of Representatives investigates missing oil funds Inadequate proof cited by Malami in missing oil case Investigation into missing $2.4 billion gains traction Lack of reasonable grounds for oversight function evocation Legislative committee pursues truth in missing oil investigation Legislators challenge Malami on missing funds Malami questioned by House of Representatives Committee Missing $2.4 billion oil investigation Money linked to missing oil to be disclosed National Assembly oversight function questioned National Assembly oversight function scrutinized in oil case Questionable approval for lifting crude abroad Specific product storage documents in focus Substantial evidence supports committee's action Whistleblower information ignored by Malami Whistleblower's credibility questioned by Malami Whistleblower's information disregarded by Malami
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