Reps Summon Diezani Over Alleged $24billion Contract Scam

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The House of Representatives has
summoned former Minister of Petroleum
Resources, Mrs. Diezani Alison-Madueke
over her role in the $24billion contract
awarded under her watch.
These contracts were alleged to have been
signed without valid agreement with
benefitting companies. According to the
Chairman of the Ad hoc Committee, Hon.
Zakari Mohammed (Kwara APC), Diezani
would receive the letter of invitation on
Monday.
He said: “We need to know where she got
her authority from, especially knowing fully
well that the threshold of a minister is
N100million, and these transactions were
above N100million, so they ought to have
gone the Federal Executive Council. These
are the issues under which context we
would invite her”.
The contracts for both firms had expired in
October 2011, but they had continued to lift
crude without formal contract extension for
20 months, lifting crude worth $24billion.
The contracts were formalised in December
2014 and backdated to cover the period
from when they earlier expired.

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