The Nigerian National Petroleum Corporation says it has recovered assets worth over N771 million from some marketers who under-paid for petroleum products supplied to them.
The corporation disclosed this in a statement issued by its spokesman, Ndu Ughamadu, in Abuja on Tuesday.
It said the marketers got the products from the Kaduna Depot of the Petroleum Products Marketing Company.
The Chairman of NNPC Anti-Corruption Committee, Mike Balami, said the recovery was made by the committee in collaboration with the Federal Government’s intelligence and anti-corruption agencies.
He named the agencies as the Department of State Services, Economic and Financial Crimes Commission and Independent Corrupt Practices and Other Related Offences Commission.
Balami said the committee brought in forensic experts to uncover the shady deals by some of the marketers affected.
He disclosed that some of the assets recovered included filling stations, water factories and six sports utility vehicles.
He added that the forensic investigation would be extended to other depots across the country to stop the bleeding of the national oil company.
The chairman noted that it had been established that the affected marketers lifted petroleum products from the Kaduna depot without evidence of payment.
According to Balami, when they were confronted with the evidence, they admitted to the offence, but failed to pay their liabilities.
He said that NNPC’s Group Managing Director, Dr. Maikanti Baru, was passionate about stopping all the leakages in the corporation.
Balami announced that the recovered assets would be handed over to NNPC Corporate Asset Boarding and Disposal Committee for immediate disposal.
He said investigation into lifting of petroleum products without evidence of payment was continuing, and urged relevant stakeholders to support the committee in its onerous task of recovering all its monies outside NNPC’s system.
He said this was the first time that NNPC would be taking over assets forfeited by marketers who defaulted in their terms of engagement.