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How Customs, FIRS, PPPRA stalled investigation into oil swap deal
Investigation into the circumstances surrounding the oil swap deals in which the Nigerian National Petroleum Corporation (NNPC), Nigerian Customs Service (NCS), Petroleum Product Pricing and Regulatory Agency (PPPRA) as well as the Federal Inland Revenue Service (FIRS) were named continued to hit the brick wall following the uncooperative attitude of some of the parties involved.
Ripples gathered that the probe by the ad hoc Committee of the House of Representatives which was scheduled to hold on Tuesday was called off due to the absence of some agencies of government that were critical to the investigation.
Ripples was reliably informed that two trading firms, Aiteo Nigeria Ltd and Ontario Nigeria Ltd being investigated over their roles in oil swap deal were to be issued bench warrant of arrest for failing to meet the 48 hours invitation deadline.
But the officials of the two companies showed up, their counterparts at the Nigerian Customs Service (NCS), Petroleum Product Pricing and Regulatory Agency (PPPRA) as well as the Federal Inland Revenue Service (FIRS) stayed away.
A visibly angry Chairman of the ad hoc Committee, Zakari Mohammed who was crossed with the agencies for their absence subsequently apologised to the representatives of trading companies that showed up, while assuring that a new date of hearing will be communicated to them.
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