Umar Ajiya, a former Chief Financial Officer of the Nigerian National Petroleum Company Limited, NNPCL, has urged the Federal Government to arrest and jail those who have stolen money from the company.
Ajiya spoke while addressing the Senate over claims that N210 trillion was missing from the company’s coffers.
According to the former CFO, such claims were false and inaccurate.
He said: “The figures that arise the attention of many of you and the Nigerian public that the huge sum of N5.8 billion was used to register the new company, NNPC is not true, it’s inaccurate.
“The amount that was used to register that company is N2.9 billion and it was paid to two government agencies, Corporate Affairs Commission and FIRS which is now NRS and you can corroborate it with CAC.
“What happened, perhaps someone must have misled the committee on the fact that NNPC being the child of Mobil, ought to have been given the money to be used for the registration by the federation because in accordance with the PIA, it’s these shareholders that represent the Nigerian public.
“And because Mobil did not bring the money, NNPC paid the money to FIRS and CAC. No third party was paid a kobo to register that company.
“Coming to the second issue which is the N210 trillion, this is similar to what Hon Gudaji was talking about that trillions are missing due to stamp duty. The reality here is that the whole revenue earned in the period under review
