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IPMAN invites EFCC over alleged missing N500m

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By Daud Olatunji

ABEOKUTA—The Independent Petroleum Marketers Association of Nigeria, Mosimi depot, Sagamu, Ogun state has disclosed that it will invite the Economic and Financial Crimes  Commission  to probe the alleged missing of N500 million  from  the association’s account.

The newly-elected Chairman of the association, Adeleke Dada disclosed this in Abeokuta, shortly after the inauguration  of the new executive members  of the association.
Dada,  while alleging that the association lost about N500 million during the last   administration,  claimed that a lot of what he called unnecessary levies were collected  by the past leaders.

But, in a swift reaction, the former Public Relations Officer of the association, Peter Awosanya cautioned the new leaders against the action.
While alleging the past leaders,  Dada said “they misappropriated about N500 million during their tenure because  they made about N10 million per month from all of the unnecessary  levies which are illegal collection which were not accounted for.

“We are going to call on the Economic Financial Crimes Commision (EFCC) to probe them because they embezzled the unnecessary levies that were paid to them,” he said
The new Chairman also said the last administration was  responsible for the hike in the price of fuel in the state.

He said “during the fuel scarcity period, government did not increase the price of petroleum, it was their administration that increased the price  in their own capacity to the rate of N110 per litre which is very wrong, the government didn’t tell them to increase it.

“We had enough of the product in Mosimi depot so, whenever there is scarcity, they used that opportunity to hike the fuel price so as to enrich their pockets which was not good on the masses,” Dada said.
He, however promised that the newly elected officers will put an end to the   atrocities done by the last administration.

“Now that we are on board, there will be a lot of differences because we will have to sanitise the whole system. People have been denied a lot of things and which we are ready to put in the right place.
“We have to save ourselves from this cabal that has grouped themselves  to be somebody when they are actually nobody, It starts from  all the members all the way to the masses especially in Ogun state,” he said.

When contacted over the allegation, the former Public Relations Officer, Peter Awosanya described the move as a welcome development, cautioning the new leadership to tread softly,  saying, there is need to allow peace to reign.

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