Breaking News

Soyinka centre petitions EFCC over fuel subsidy prosecution

The Wole Soyinka Cen-tre for Investigative Journalism, WSCIJ, has petitioned the Economic and Financial Crimes Commission, EFCC, over the alleged non-implementation of some recommendations of the Technical Committee on Payment of Fuel Subsidy in the country.

The centre stated that the Federal Government had carried out what it described as selective implementation of the technical committee’s report leaving the aspect that dealt with prosecution of corrupt officials or those that were indicted by the report.

Those who signed the petition include Mr. Femi Falana, SAN, Olarenwaju Sraj, Tokunbo Mumuni and Motunrayo Alaka.

They said that, “you investigate all companies in the report that breached the various rules governing fuel subsidy administration; investigate further all companies mentioned in the report and their directors and officers,’’ that committed offences.

‘’That you prosecute all companies and their relevant directors and officers in the report whose participation in the fuel subsidy regime allegedly violated Nigerian criminal laws; including but not limited to the EFCC Act.

’’That you recover the excess payment of N422,542,937,668.59 in subsidy payments obtained under false pretence by petroleum marketers that the report details; as well as excess payment of N14.021 billion from defaulting marketing and trading companies.

‘’That you take steps towards recovering excess payment of N17.037billion based on the inclusion of the $10 trader’s margin.

‘’That you prosecute the relevant PPPRA officials responsible for the lapses in the subsidy administration process.

‘’That you investigate the reported N331,547,318,063 worth of kerosene subsidy payments made between June and December 2011,’’ among others.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.