NNPC-Our Fraud Accusation By Buhari is a ''Political Mischief''

The Nigerian National Petroleum Cooperation NNPC,has reacted to the accusation that it maintains double account books by the APC 2015 presidential flag bearer Muhammadu Buhari saying that it was borne out of ''political mischief''.

The corporation’s spokesman, OhiAlegbe, said in a statement that coming from a former petroleum minister under whose watch a similar allegation of fraud was, Buhari’s statement smacked of political mischief as he should know better than to peddle gossip as facts.

“It is sad that General Buhari, one of the founding fathers of the NNPC who himself has tasted of the virulent but false allegations deliberately concocted to cast the Corporation and the public sector management of the nation’s oil and gas industry in bad light, would be the one to allege that NNPC runs two sets of account books “one for public consumption and another for insiders,” the statement said.
“We find it difficult to understand how a former Head of State who has also served as Minister of Petroleum Resources could believe that NNPC keeps two sets of account books to perpetrate fraud, knowing that NNPC is the most audited and scrutinised agency in the country,” it added.
The NNPC noted that in the past one year it has had its books scrutinised and audited by the Senate Committee on Finance and an external auditor Price Waterhouse Cooper (PWC).