Malami and The Missing $2.4 Billion Oil

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The House of Representatives Committee, responsible for investigating the missing $2.4 billion crude oil, once again engaged in a heated exchange with the Attorney-General of the Federation, Abubakar Malami.

During the proceedings, Malami faced tough questioning from lawmakers regarding his inaction on the information provided by a whistleblower.

In response to the whistleblower issue, Malami claimed that he lacked sufficient evidence to take any action. He stated, “There were no reasonable grounds or suspicions that would justify invoking the oversight function of the National Assembly in this matter.”

However, the Chairman of the Committee, Mark Gbillah, contradicted Malami’s statement by asserting that the committee possessed substantial evidence that warranted immediate action.

“Contrary to your assertion, the committee possesses—and we will furnish you with the necessary documents—evidence that includes records of product storage, approvals for exporting specific quantities of crude oil, and documentation of crude oil storage in various locations in China,” Gbillah responded.

After a prolonged exchange, the committee ultimately resolved that Malami must provide comprehensive disclosure of all funds recovered through the whistleblower policy.

This intensifying confrontation between the Attorney-General and the lawmakers underscores the gravity of the missing $2.4 billion crude oil scandal. The outcome of this investigation will have far-reaching implications for accountability and transparency within the Nigerian government.

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