Abuja - The House of Representatives Ad hoc Committee investigating the Refined Product Exchange Agreement/Crude Oil Swap between the Nigerian National Petroleum Corporation/Petroleum Pipelines Marketing Companies (NNPC/PPMC) has summoned the former Minister of Petroleum Resources, Diezani Alison-Madueke, reports Thisday.
She is to appear before the committee to explain her role in the award of contracts worth $24billion without valid agreements signed with the befitting companies.
Three former Group Managing Directors (GMDs) of the NNPC, Austin Oniwon, Andrew Yakubu and Joseph Dawha, who had earlier appeared before the committee had indicted the former minister.
Also read: Diezani accused of approving $24bn crude swap without contract
They accused her of extending the oil swap contracts for Duke Oil Company Incorporated and Trafigura B.V, without valid agreements.
The contracts for the firms had expired in October 2011, but they had continued to lift crude without formal contract extension for 20 months, lifting crude worth $24billion
It remains unclear how the former minister would be expected to honour the invitation following reports of her arrest in the United Kingdom, where her passport was also seized as part of her bail conditions.
- News 24