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ICPC summons officials over N3.5billion scam

29 October 2013, 14:44

Lagos - Top management officials of the Petroleum and Products Pricing Regulatory Agency are being investigated over alleged N3.5billion fraud in the Petroleum Support Scheme, Premium Times reports.

The Independent Corrupt Practices and Other Offences Commission, ICPC, invited the officials for questioning after a Port Harcourt-based petroleum products marketer, Ledisi Dagogo-Jack petitioned the commission.

Dagogo-Jack, in his petition, alleged that the Executive Secretary of the PPPRA, Reginald Stanley and the Assistant General Manager (Finance), Peter Tokan are culpable in the scandal contravening the provisions of the public service financial rules and regulations.

Five independent inspectorate firms (GMO, Saybolt, Inspectorate, SGS and Vibrant Ventures Ltd) were also mentioned by Dagogo Jack as being culpable in the fraud.

Read more at Premium Times

Tags icpc pppra

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