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Nairaland Forum / Nairaland / General / Politics / CBN, AGF Trade Blame Over Oil Bloc Account (6157 Views)
Patience Jonathan & Banks Trade Blame Over Funds Trapped In 10 Accounts / Mohammed Abacha Fights To Reclaim $1.3bn Oil Bloc, Sues FG, Shell, Agip / FG Begins Oil Bloc Bid Rounds In May (2) (3) (4)
CBN, AGF Trade Blame Over Oil Bloc Account by dammy13(m): 6:35am On Jan 31, 2017 |
At the public hearing on the investigation of $22billion OPLs and Oil Mining Leases (OMLs) conducted yesterday by the Gideon Gwani-led ad hoc Committee, the Central Bank of Nigeria ( CBN ) and the Office of the Accountant General of the Federation ( OAGF) refused to take responsibility for the records. The CBN was given a seven-day ultimatum to provide documents to ascertain whether the payment of application fees, royalties, signature bonuses and other fees were actually made by oil frms. Also, the committee resolved that the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Funsho Kupolokun, should appear before it over the ceding of marginal fields to oil and gas operators. The committee began investigation into the award of all OPLs and OMLs by the Federal Government to ascertain whether due process and guidelines for the acquisition of oil and gas assets were complied with. In his opening remarks, Gwani said: “The meeting by the committee with relevant agencies would enable the commitee trace the accounts where fees have been lodged, how much have been paid and by whom, what company has paid and who has not , if such payment have actually been received by the government or not, as well as the balance if any.” According to a member of the Commitee, Diri Douye, contradictory documents from the Department of Petroleum Resources (DPR) and OAGF were a source of concern to the committee He said while DPR claimed that ConOil (OPL 257) has paid $100million, the AGF claimed in its submission that the same money was missing. “There are several contradictions contained in the document submitted to us by DPR and AGF and we must get to the root of this matter; that is why we have asked the CBN to provide us with the statement of accounts of the DPR so we can be sure we got the right document from the DPR,”he said. CBN was also queried over its decline in providing the statement of account of monies paid into the DPR account since 2002. In his response, CBN’s Deputy Governor, Bayo Adelabu said discussions have been going on with JP Morgan to provide the statement needed. He said: “According to J.P Morgan Policy, any information on a particular account exceeding seven years is achieved and we are talking of information from 2002 which was done manually so getting these information is not easy. http://www.kikiotolu.com/2017/01/cbn-agf-trade-blame-over-oil-bloc.html Lalasticlala Mynd44 seun Dominique 1 Like |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by veekid(m): 7:47am On Jan 31, 2017 |
Buhari sef |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Kondomatic(m): 7:48am On Jan 31, 2017 |
Just wondering what APC will tell Nigerians during 2019 election campaign? *somewhere in Rondon* Man: Do you travel out regularly or occasionally? Buhari: Occasionally but the occasions come regularly ![]() 9 Likes 1 Share |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by DuBLINGreenb(m): 7:49am On Jan 31, 2017 |
R |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by obembet(f): 7:49am On Jan 31, 2017 |
K |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by obembet(f): 7:50am On Jan 31, 2017 |
Waiting do Buhari en? See,leave Buhari alone on this Mata oo And Any Nigerian that is wishing my president dead, it is the President of their country that will die. _bad people_ veekid: |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by jejemanito: 7:50am On Jan 31, 2017 |
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Re: CBN, AGF Trade Blame Over Oil Bloc Account by holysina(m): 7:52am On Jan 31, 2017 |
I don't know why it's so difficult for most Nigerian public office holders and institutions to ever admit for been wrong or take blames. When something goes Wright they all wants to take credit for it but when reverse is the case they all say it's not me. Na waooo for my dear country |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by joncom(m): 7:52am On Jan 31, 2017 |
Blame games |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Bossontop(m): 7:52am On Jan 31, 2017 |
Watching hw tins will unfold....
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Re: CBN, AGF Trade Blame Over Oil Bloc Account by mayoor15(m): 7:53am On Jan 31, 2017 |
obembet:Ask him for us o |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by veekid(m): 7:53am On Jan 31, 2017 |
obembet:Amen Amen |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by habex005(m): 7:54am On Jan 31, 2017 |
Trade blame |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by hucienda: 7:54am On Jan 31, 2017 |
lucrative deals yo! |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by 1Rebel: 7:57am On Jan 31, 2017 |
That's all this administration has been doing since they came into power. Trade blames. 3 Likes |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Nobody: 8:00am On Jan 31, 2017 |
A house divided against itself, a confused government. Meanwhile, the zombies that helped install this charade of a government have switched their busy body to attacking Trump. Like he even gives a fvck if they exist. Charlatans, all of them 1 Like |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Joshjings(f): 8:02am On Jan 31, 2017 |
I have always said this administration is not holy as they are claiming 1 Like |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Ekpekus(m): 8:04am On Jan 31, 2017 |
Corruption in high places... The masses are pawns in the board of the elites' game ![]() 1 Like |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Luukasz(m): 8:05am On Jan 31, 2017 |
Issues keep draggn and draggn on it seems the APC led administration will never achieve anytin till the end of time. Believing in APC and buhari was a false hope. |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by yungeez(m): 8:06am On Jan 31, 2017 |
dem say money nor dey, money nor dey...yet dem dey c d one wen dey loss... Nah wa 4 9ja ooo....all the loot wen dey don recover we nor dey c dem...anyway we r living in a #CASHLESS society 1 Like |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by eph12(m): 8:06am On Jan 31, 2017 |
holysina:Maybe jobs are at stake. And most times institutions, team leads and heads cover up wrong actions or moves to protect the integrity of their institution or department. They can't be made to look like fools in public. 1 Like |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Nobody: 8:07am On Jan 31, 2017 |
Kasala everywhere The human factor has always been the problem when it comes to irregularities such as this. |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Boleyndynasty2(f): 8:09am On Jan 31, 2017 |
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Re: CBN, AGF Trade Blame Over Oil Bloc Account by Nobody: 8:14am On Jan 31, 2017 |
obembet: Ha!ha!ha!ha! See comment oooo. You are wicked. Subtly wicked. |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by shaddoww: 8:15am On Jan 31, 2017 |
Can this country be great again? |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Thisis2raw(m): 8:15am On Jan 31, 2017 |
Things keep falling apart in Nigeria |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by mr1759: 8:24am On Jan 31, 2017 |
am waiting for FG to start talking about cattle ranch or cattle block |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Ijaya123: 9:00am On Jan 31, 2017 |
veekid: A small question for you, are you usually this daft? |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by Ijaya123: 9:02am On Jan 31, 2017 |
obembet: And Any Nigerian that is wishing my president dead, it is the Person that will die. _bad people_ |
Re: CBN, AGF Trade Blame Over Oil Bloc Account by freeze001(f): 10:45am On Jan 31, 2017 |
They have learnt from the best blame trader...mr daftus and his APC crew. They cannot do better than their master. |
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