Tuesday, December 4, 2012

Melaye, Wogu differ on subsidy fraud allegation


Wogu

A civil rights group, Anti-Corruption Network, on Monday asked President Goodluck Jonathan to drop the Minister of Labour and Productivity, Chief Emeka Wogu, as the Chairman of White Paper Committee on Nuhu Ribadu-led Petroleum Revenue Task Force report.
The group hinged its call on findings that a firm, Pinnacle Contractors Limited, in which the Minister allegedly has interest benefited from N2.7bn subsidy payments in 2011 at a time his wife, Oyababefe, and son, Enyinnaya, were directors of the firm.
The group also called for the immediate sacking of Wogu as a minister for allegedly defrauding the government and people of Nigeria.
The Federal Government had in the wake of public protest against the  removal of subsidy on petroleum products, set up a task force headed  by Ribadu, a former Chairman Economic and Financial Crimes Commission, to look into the transactions in  the petroleum industry.
However, the ACN Executive Secretary and former member of the House of Representatives, Mr. Dino Melaye, who spoke on the alleged subsidy fraud, said investigations at the disposal of the group showed that Oyababefe,  and Enyinnaya were still the directors of Pinnacles Nigeria Limited  uptill July 19, 2012 during which the said  N2.7bn was paid as subsidy claim to the company.
Melaye maintained that based on the established conflict of interest, it would not be in the interest of justice and fairplay for the President to retain Wogu as the head of the White Paper committee on the fraud uncovered by the Ribadu task force.
Meanwhile,  the Minister has denied being imvolved in any dealings with the firm over petroleum subsidy fraud.
In a statement by his Assistant Director of Press, Samuel Olowookere, the minister said he duly resigned his appointment as a member of the board of the company on March 9, 2010, following the sale of the company to Masters Energy Oil and Gas and this action was duly registered by the Corporate Affairs Commission on April 7, 2010.
Wogu explained that the only transaction he had with the company was in August 2010, which was exactly five months after it had been sold to Masters Energy Oil and Gas Limited.
He also urged Nigerians, who are expressing any doubt over the issue, to go to the CAC office and verify the documents for themselves.
“All documents relating to the sale and transfer of Pinnacle Contractors Ltd to Masters Energy Oil and Gas Ltd are public documents and are available to all Nigerians to see with the CAC,” the statement read.
 Punch



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