19.08.2009 - Audit exposes excess crude account fraud, indicts NNPC
From Ngrguardiannews.com: Another report of the Auditor-General of the Federation (AGF) has exposed how the controversial excess crude oil account has become a honey pot for all the tiers of government, characterized by illegal withdrawals. Also, sloppy and sluggish record keeping and supervision by some regulatory agencies in the oil and gas sector have been responsible for the unexplained losses amounting to hundreds of millions of dollars, the 2005 audit report by Harts Group and SS Afemike has indicated yesterday..........Full Article: Source
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