Corrupt Elite hiding stolen money in Caskets, uncompleted buildings – Dino Melaye

by on March 2, 2017

The Senate on Wednes­day at plenary was chilled by a shock­ing revelation that corrupt Nigerians are hiding stolen money in caskets and uncompleted buildings in vil­lages in some parts of the country.

The Senate made the dis­covery during the consider­ation of a motion moved by Senator Dino Melaye.

The motion was tagged: ‘Discrepancies in Subsidy Payment and Non-remit­tance of Funds by the NNPC to the Federation Account’.

Senator Melaye, who made the shocking claim, is yet to provide substantial proof to support its claims.

“Monies are not account­ed for and that might be the reason why we now see pet­ro-dollars buried in caskets and uncompleted buildings in remote villages in some parts of the country”, he claimed.

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Melaye, had in a point of order on Tuesday, drawn the attention of the Senate to the refusal of the federal government to probe the Nigerian National Petro­leum Corporation (NNPC), which he said, got 51 out of 100 per cent share of com­panies sanctioned to import petroleum products into the country.

The lawmaker had alleged that all the oil marketers currently facing trial over alleged subsidy fraud only constitute 49 per cent of im­ported refined products.

He said, “Surprisingly, you (Saraki) are one of those who raised the issue of sub­sidy in the 7th Senate. The federal government is pros­ecuting marketers and these marketers only constitute 49 per cent of imported refined products. The NNPC is re­sponsible for the importa­tion of 51 per cent.

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“While we are prosecut­ing the independent mar­keters, whose proceed from subsidy is about N3.83 tril­lion, NNPC collected a total of N5.1 trillion on subsidy and this has never been in­vestigated.

“This has never been looked at and we are busy chasing independent mar­keters. The time to look at the books of NNPC as re­gards petroleum subsidy is now.

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