News
EFCC obtains court order to arrest ExxonMobil MD over fraud allegation
A Federal High Court, Abuja has given the Economic and Financial Crimes Commission, EFCC, the nod to arrest Richard Laing, Managing Director, ExxonMobil Nigeria. This fact is contained in EFCC Twitter handle. The anti-graft agency said that Justice Okon Abang granted its application for a Bench Warrant to arrest Laing.
EFCC said, “The Commission is investigating alleged procurement fraud in the Major Integrity Pipelines Project involving Mobile Producing Nigeria as the contracting company, Suffolk Petroleum Services Limited as the main contractor, Saipem Contracting Nigeria, Global Offshore Limited and Van Ord as sub-contractor to SPSL. “At issue, is the fraudulent creation of Change Orders worth over $213million USD.”
The anti-graft agency approached the Court for a Warrant after three invitations to Mr. Liang were rebuffed.
-
News1 day agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
Finance1 day agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
Oil and Gas1 day agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News1 day agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry1 day agoMAN summit to tackle high energy costs for manufacturers
-
Oil and Gas1 day agoOil falls as Middle East talks outweigh concern over fresh strikes
-
News1 day agoTinubu seeks Senate’s approval to borrow additional $20.5bn, €1.05bn loans
-
News1 day agoZenith Bank expands tech fair reach with first ever virtual edition, focuses on AI