SENATOR DINO MELAIYE UNCOVERS MASSIVE FRAUD IN THE NNPC
NNPC operates a secret account used for siphoning monies,currently has a balance of $137mllion,$4million has previously been withdrawn – Sen. Malaye

Lawmaker representing Kogi West Senatorial District, Senator Dino Melaye, has raised the alarm over alleged operation of a secret account by the Nigerian National Petroleum Corporation and other joint venture companies.

Melaye, who raised a point of order at the plenary on Tuesday, alleged that the account, which was supposed to be domiciled with the Central Bank of Nigeria, was with Keystone Bank, had no Bank Verification Number and had a balance of $137m as of today (Tuesday).

He said, “While some individuals and government appointees will continue to steal, we have decided to continue to expose corruption in public life.

“This morning, I call the attention of the Nigerian Senate to a suspected, colossal, monumental corruption in NNPC.

“A company was registered with the name ‘Brass LNG Limited’ with the Federal Government having controlling shares.

“We have some Italians, Belgians and French as shareholders, with the Federal Government with a controlling share of about 50 per cent.

“It is a known fact that once you have a joint venture, the account of such joint venture will be domiciled with the Central Bank of Nigeria.

“But in this case, that was not what happened. In private, the account was opened with Keystone Bank; this account has no BVN and there has been periodic withdrawals (from it).

“The last withdrawal from the account was to the tune of $4m. As I speak to you, the balance of that account as of today is $137m.”

President of the Senate, Bukola Saraki, sought the permission of the lawmakers to allow Melaye to bring the matter up as a motion at the next legislative day, which was unanimously granted.

Melaye was asked to move the motion on Wednesday (tomorrow).

http://www.thetowncrier.ng/2018/01/23/senator-dino-melaiye-uncovered-massive-fra

This is what we call change in corruption. May it not be well with yusuf wherever he is now.


At picture, the yorubas keep making mistakes, may we never be a product of use and dump

My nigga Dino

Another job for bmc now,,oya defend ur master
Bubu supporters and all their media crews right now..

Dino should be appointed Chairman EFCC.

This Government is finished...

Saint Muhammadu Buhari

The level of impunity and corruption being recorded in this present government is disheartening.
But more disheartening is the fact that the presidency does not seem to care and has refused to take actions in bringing the perpetrators to book.
As long as you are a supporter and member of the ruling party,you can never do wrong.
I see a day of reckoning fast approaching.

Sometimes I feel a little life in my faith in this country and most times, I totally lose hope.

Seun, lalasticlala, mynd44 pls let the world see this.

Hope this will not end the same way you claimed Fashola looted money and nothing has come out of it?

God help us!

the horse rider feeling the heat, nothing seems to be working , even his wife is against him, oma se o.....omo wa se ori se ,ori ko le se.

this is just the tip of the "ice block " like my friend would say

by the time this APC govt leaves power, the corruption charges against the last administration would be child's play

four million dollars withdrawn just like that

almost 1.5 billion

just sit down and soak in that amount

INTERESTING

OK nah

Buhari is a thief

Lol! after reading Sen. Melaye statement especially the bolded, I felt he just wanted to make noise, anyway goodluck to him.

“A company was registered with the name ‘Brass LNG Limited’ with the Federal Government having controlling shares.

“We have some Italians, Belgians and French as shareholders, with the Federal Government with a controlling share of about 50 per cent.

“It is a known fact that once you have a joint venture, the account of such joint venture will be domiciled with the Central Bank of Nigeria.

“But in this case, that was not what happened. In private, the account was opened with Keystone Bank; this account has no BVN and there has been periodic withdrawals (from it).

“The last withdrawal from the account was to the tune of $4m. As I speak to you, the balance of that account as of today is $137m.”

when Gej was in aso rock....
I remember how this stock fish that calls himself buhari ran his mouth abt fuel subsidy......

now it has become a normal thing buying fuel @145......

I wonder under whose watch is this frauds going on......

bastards......

ok

Minister of petroleum is totally clueless about all the happenings...

Funny country, is Dino now less corrupt? Shot hole

Fraud in that sector is not a new thing wonder why the government have kept mute about it over the years

DINO DINO

Lol by 4pm dem don move the moni...wetin dem dey use Ghana must go do for Ghana?