We hereby confirm that we
have become aware of an on-going Police investigation emanating from a petition
written by one of our suppliers, Messrs TMDK Oil Traders. In this respect, we
would like to state as follows:
TMDK Oil Traders (TMDK) was
one of the suppliers of petroleum products to Nigerian Breweries Plc (NB) via a
three-year term certain contract that lapsed at the end of September, 2016.
TMDK participated in a recent
tender process for supply of petroleum products to NB. While the process was
on-going, TMDK wrote a letter to NB complaining of some bias against it. The
complaint was handled and investigated by NB's internal audit department and
the conclusion was that the tender process was duly followed and no
irregularities were found. Other claims relating to extra costs made by TMDK
are currently being analysed and evaluated.
Recently, some managers in NB
(senior and other levels) have been asked to report to the Force Headquarters
(Police), Abuja for questioning based on a petition. The petition was written
by TMDK’s lawyers to the Attorney General of the Federation and the Honourable
Minister of Justice who in turn forwarded it to the Police for investigation.
It appears that the petition is targeted at persons connected to NB, including
the wife of our Managing Director.
We reiterate that, as a
responsible organization, we will co-operate fully with the investigating
authorities while seeking to protect and uphold the company’s reputation as a
good corporate citizen in the country.
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