Oil swap probe: Reps uncover illegal companies used by NNPC By Emman Ovuakporie & Johnbosco Agbakwuru THE House of Representatives ad-hoc Committee on Crude Oil Swap Probe, yesterday, confirmed the receipt of illegal companies registered by the Nigerian National Petroleum Corporation, NNPC, but unknown to the Federal Ministry of Finance Incorporated, MOFI. The list was part of the documents obtained from the Office of the Accountant of the Federation for the ongoing investigative public hearing on the $24 billion crude oil swap deals, as revealed by Hamman Pategi (APC, Kwara) a member of the committee. One of the companies was Duke Oil, set up to trade crude oil on behalf of NNPC at the international market. Also, former Group Managing Director, GMD, of the NNPC, Joseph Dawha, told the panel headed by Zakari Mohammed how he migrated the corporation from crude oil deals to Offshore Processing Agreements, OPA, absolving himself of blames ove...
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