₦airaland Forum

Following the call for the probe of the the chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, over allegations of economic sabotage and corruption, the Economic and Financial Crimes Commission (EFCC) was yet to get a formal petition calling for the probe.

LEADERSHIP investigation revealed that the EFCC and the Independent Corrupt Practices and Other Related Crimes Commission (ICPC) only read about the allegations in the media while there was no formal petition yet from any individual or groups calling for Ahmed’s probe.

However, sources within the antigraft agencies revealed that even if there are no formal petition, the agencies are empowered to go and investigate allegations made through any channel.

According to the sources, “we don’t need to get a petition to investigate allegations, especially when it has been made in the public space. One of the sources of our cases for investigation is also the media. So, the commission can investigate issues already raised in the public space like the media.”

Recall that African richest man, Alh. Aliko Dangote, during a media briefing in Lagos on Sunday, alleged that Ahmed paid about $5million, and estimate of about N7 billion, as secondary school fees for his four children in Switzerland secondary school.

Dangote also accused the NMDPRA boss of economic sabotage, alleging that regulatory actions under him were being used to encourage fuel importers to undermine his refinery operations.

Meanwhile, an energy expert and President of the Nigeria Consumer Protection Network, Kunle Olubiyo, has described the reported sum as enormous, stating that such an amount could comfortably be used to establish a modular refinery in Nigeria.

He said “That is humongous. That amount can conveniently establish a functional modular refinery in Nigeria.”

Olubiyo further urged relevant anti-corruption agencies to thoroughly investigate the allegations made by Dangote against Ahmed in the interest of transparency and accountability

Outthemudbyvoke:
Did the EFCC need an official petition before arraignment of Chris Ngige?
This sounds like an excuse

Antoeni:
EFCC is Clearly Using Deodorants For APC/Tinubu Supporters and Pesticide For Opposition Members.

malali:
Institut Le Rosey (Rolle & Gstaad)
$110,000–$135,000 per year
The most expensive boarding school in Switzerland.

6 years for 4 children at 135k per years is $3.2 million dollars.
Not 5 million dollars.

malali:
Institut Le Rosey (Rolle & Gstaad)
$110,000–$135,000 per year
The most expensive boarding school in Switzerland.

6 years for 4 children at 135k per years is $3.2 million dollars.
Not 5 million dollars.

TimeMachine2:
Read below...Dangote knows what he is saying.

Globad:
Read
Read
Read

Read before jumping hastily to wrong conclusions

He who wants to be a critic must be well and correctly informed

Fiscus105:
Wailing Wailers must cry on every topic in other to reduce toxic that already full their body, in first-tenth comments, almost all commentators rushed to attack, without read carefully.


I imagine,how they take decisions of their own life, anyway, the decisions of their life they wrongly took by themselves, they must result to wailing, in other, to blame others for it.

malali:
Dangote is just targeting the guy, because he is standing up to Dangote most likely. Very few people can stand up to him in the North.
They can disagree on policies and issues. Dangote can get financial forensics against Farouk Ahmed. Like documents showing how the money is siphoned from government coffers.
But saying a man is corrupt because he lives above his means in Nigeria. Is not really a good way to catch a thief. There are millions of people in Nigeria living above their means. Even the president was accused of living above his means.
Dangote's wealth might be public knowledge, but in Nigeria......Nobody's wealth is public knowledge other than him and a few others.
There are people in Nigeria with private jets and they don't have a job or any known business.
5 million dollars is not a big deal.

nobaga:
See, see the guy has gullible supporters already because he had international job before. Which international job paid him millions?

This is why Nigerian Youths would kill to japa. He dared not steal abroad but who can hold him accountable in Nigeria?

What became the case of another one Otedola taped and exposed?

Even Gandollar is still walking free!

Druss:
7 billion naira is not a big deal? For someone who is at the top of a key body to be living above their means is a big deal and a massive red flag.

The people you have just described are all red flags. In a working society, they will be investigated on tax, source of funds, and other points. What did you just post?

malali:
Dangote is just targeting the guy, because he is standing up to Dangote most likely. Very few people can stand up to him in the North.
They can disagree on policies and issues. Dangote can get financial forensics against Farouk Ahmed. Like documents showing how the money is siphoned from government coffers.
But saying a man is corrupt because he lives above his means in Nigeria. Is not really a good way to catch a thief. There are millions of people in Nigeria living above their means. Even the president was accused of living above his means.
Dangote's wealth might be public knowledge, but in Nigeria......Nobody's wealth is public knowledge other than him and a few others.
There are people in Nigeria with private jets and they don't have a job or any known business.
5 million dollars is not a big deal.

malali:
Institut Le Rosey (Rolle & Gstaad)
$110,000–$135,000 per year
The most expensive boarding school in Switzerland.

6 years for 4 children at 135k per years is $3.2 million dollars.
Not 5 million dollars.

Farouk Ahmed Oil & Gas industry roles (Nigeria & abroad):
• Started professionally as a Logic Board Verification Engineer at Apple Inc. in Dallas, TX, USA before moving into the energy sector. 
• Senior Crude Oil Trader – Duke Oil Inc. 
• Manager, Crude Oil Export Programming & Nominations, Shipping & Terminals (NNPC) 
• Executive Director (Commercial) – Petroleum Products Marketing Company (PPMC) 
• Managing Director – NiDAS Marine Limited (NNPC/DAWOO Joint Venture) 
• Executive Secretary – Petroleum Products Pricing Regulatory Authority (PPPRA) 
• Managing Director – PPMC 
• Special Adviser (Downstream) to the Group Managing Director, NNPC 
. Chief Executive Officer, Nigerian Midstream And Downstream Petroleum Regulatory Authority (NMDPRA)

Dangote really thinks someone who has held all this post in Nigeria doesn't have 5 million dollars.........

How do you know he didn't make it in the stock market ?
Unless Dangote has evidence of misappropriated funds from NMDPRA, with documented evidence, this is defamation. Farouk should sue Dangote for false allegations and intent to defame. Money could have been inheritance,gifts,investments etc.
Do you know how many people have unexplained wealth in Nigeria, starting from Asiwaju Jagaban Tinubu ?
I suspect the Tinubu-cabal wants to remove Farouk Ahmed, they are just using Dangote to do the dirty job.

NO PADI FOR JUNGLE.