EFCC To Summon PPMC MD Over Sharp Practices

BREAKING NEWS:

EFCC To Summon PPMC MD Over Sharp Practices

The Managing General, Pipelines and Products Marketing Company (PPMC) Prince Haruna Momoh may soon be invited by the Economic and Financial Crime Commission (EFCC) for alleged involved in some sharp practices any moment from now.

PPMC, a subsidiary company under the NNPC and Haruna are subjects of a petition about to be presented to the anti-graft any moment from now.

"Let me tell you that a strong worded petition against the management of the PPMC under Haruna Momoh would soon be submitted to the EFCC any moment from now where Momoh would be asked to answer some questions for his involvement in some sharp practices,"our source disclosed.

When asked to give details he said, "You just wait till the investigation is presented to the EFCC."

Another source however disclosed that although some forces are out to use Momoh as a Judas to nail former Petroleum Minister, Diezani Alison Madueke, but his own problem might start before that of his former principal.

"We have it on good authority that Momoh has agreed to be a witness in a grand plan against Alison -Madueke but his own trial may kick start the whole probe to be set up against the Jonathan administration by the Buhari regime."

President Buhari has threatened to probe some ministers who were allegedly involved in cutting corners in the oil sector and vowed to retrieve all the stolen money allegedly kept abroad before prosecuting them.
Reacting to questions from members of Nigerians In Diaspora Organisation (NIDO) in the United States and Canada at the Nigerian Embassy in Washington DC on the third day of his visit, the President lamented that “Corruption in Nigeria has virtually developed into a culture where honest people are abused.”
According to him, “250,000 barrels per day of Nigerian crude are being stolen and people sell and put the money into individual accounts,” adding that the United States and other developed countries “are helping us to trace such accounts now. We will ask that such accounts be frozen and prosecute the persons. The amount involved is mind-boggling. Some former ministers were selling about one million barrels per day. I assure you that we will trace and repatriate such money and use the documents to prosecute them. A lot of damage has been done to the integrity of Nigeria with individuals and institutions already compromised.”