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A House of Representatives committee has dismissed cash laundering allegations against the Executive Vice President (Downstream) of the Nigerian National Petroleum Company Limited (NNPCL), Dr Mumuni Dagazau following an investigation into petitions submitted by the Coalition for Transparency and Accountability in Nigeria’s Petroleum Sector (CTANPS).
The resolution adopted an examination of the petitions and the problems raised by an advert hoc subcommittee constituted by the House to research the allegations.
Chairman of the House Committee on Petroleum Resources (Downstream), Hon. Ikenga Ugochinyere, who disclosed this yesterday at its assembly, counseled the investigative course of, stressing the significance of evidence-based legislative oversight in selling accountability, transparency and public confidence within the oil and gasoline trade.
