NNPC to sue Mexican company over $125 million ‘attempted fraud’

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NNPC to sue Mexican company over $125 million ‘attempted fraud’

Chinazor Megbolu    |     

For attempting to defraud the Federal Government of more than $125 million, the Nigerian National Petroleum Corporation (NNPC) has said it would sue a Mexican oil company, SAMACO SA DE CV and its officials for such move. 

The NNPC made this known on Saturday on its Twitter handle through the NNPC Counsel, Afe Babalola & Co, which hinted that the management of the state-owned oil company is ready with plans to seek redress “for the injury to the Corporation and its officials through series of falsehoods peddled by SAMANO and its agents.”

The report, the statement maintained, quoted contents of a recent correspondence to NNPC by the law firm of Messrs Lords & Temple, claiming to be Solicitors to SAMANO SA DE CV.

It further explained that in the letter signed by Gboyega Oyewole, a Senior Advocate of Nigeria (SAN), noted the law firm said its client was accusing the Nigerian government officials and NNPC of reneging on an agreement to pay it 5 per cent of ‘whistleblower compensation’ for information that furnished them over an oil deal.

The statement added that the company’s counsel referred to the discussions between SAMANO SA DE CV and the officials involved in 2015 over an information about 48 million barrels of Nigerian Bonny Light Crude Oil allegedly stolen from Nigeria and stored in various ports and terminals in the People’s Republic of China.

According to the law firm, “SAMANO, led by its top officials, Messrs Marco Ramirez Ramirez and Jose Salazar Tinajero, had contacted the senior officials of the Nigerian government with an offer to purchase the alleged stolen oil apparently abandoned by some unknown persons.

“Although they claimed the officials used the information provided, which led to the sale of the crude oil, SAMANO said it was neither carried along in the sharing of the proceeds from the sale, nor were they paid the agreed 5 per cent whistleblower compensation.

The twitter handle, @NNPCgroup indicated that the reports was replete with falsehoods, but the management of NNPC, through its counsel, insisted that not only were the reports replete with falsehoods, but were also calculated attempts by the company, working in concert with its local and international agents, to intimidate, blackmail, and extort money from the Nigerian government and NNPC.

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