Nigeria Oil Rip-off

Nigeria Oil Rip-off

How Lloyds of London exposed massive fraud by NNPC, oil marketers

By Theophilus Abbah, Sunday Trust, 22 April 2012

As expected, the probe into the controversial oil subsidy by the Hon Farouk Lawan – led ad-hoc committee of the House of Representatives threw up shocking details of fraud beyond the figures that made headlines. We penetrated the 210-page document to provide insight into how the massive fraud took place.

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