“Let me state on record and for the benefit of Nigerians and the committee that the allegations relating to the 48 million barrels are baseless. The allegation is unfounded. It lacks merit and indeed substance.”
These were the exact words of Abubakar Malami, Attorney General of the Federation and Minister of Justice (AGF-MoJ), on Thursday, with which he flatly denied the allegation that has been in public domain, while appearing before a House of Representatives ad hoc committee investigating the alleged illegal sale of 48million barrels of crude oil in 2015.
The Minister, who was addressing the issue, seven years after it broke out that 48million barrels of crude oil developed wings and escaped to the thin air, had previously refused to attend to previous summonses from the members of the Green Chambers of the National Assembly.
But during his appearance on Thursday, Malami, who dismissed the allegation made by a whistleblower, who had blown the lid that led to the investigation by House, said: “The allegation in its own right is devoid of any reasonable ground pointing to a material suspicion cogent enough to invoke the constitutional oversight of the committee.
The House, which opened an investigation in December 2022, into the whistleblower’s claims that 48million barrels of Bonny Light crude were illegally sold in China in 2015 valued at N2.4 billion, mandated the committee to investigate all crude oil exports and sales in Nigeria from 2014 till date as well as all proceeds recovered through the whistleblower policy of the federal government.
Though the Minister said at the time, President Muhammadu Buhari “informally” requested him, Mele Kyari, Group Managing Director and Group Chief Executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited; Lawal Daura, the then Director General of the Department of State Service (DSS); and late Abba Kyari to look into the allegation, he said nothing was found.
“Unfortunately, for there to be a reasonable ground for suspicion, at least, you require certain basic facts. The basic details of the existence of the product and connecting it to Nigeria were not there at all. The vessel perhaps that took it, the particulars and details of the vessel — were not available at our disposal at all.
“So the issue is simple. There were no reasonable grounds for suspicion of the fact that the purported oil product either exists in spirit or in fact or indeed exists in China — and it is in no way connected to Nigeria. And all efforts on our part to get details have proven abortive.
“So it was a committee that was dead on arrival because it has not been formally constituted and then our informal findings do not suggest or provide information that could support (the sale of the crude oil. So we could not establish the substance in the allegation because detail information to confirm the existence and origin of the shipment such as a sample of the oil, vessel involved loading point, location of the crude in China were not provided.”
Malami, who said no further action was taken by his office after it was reported to the President that the veracity of the allegation could not be verified also denied receiving funds through the whistleblower policy which he did not remit to the government, which the committee confronted him with, including that of the $200million payment to two companies for “consultancy service.”
Again, rebuffing the claim, the Minister told the committee to focus its attention on the Ministry of Finance whose duty included paying whistleblowers as such an assignment was not within the powers of his office.
He said: “The details of the international account, expenditure, statement of accounts are obtainable from the Central Bank of Nigeria. The office of the attorney-general does not maintain the custody of an account. Associated recoveries are maintained by the CBN and open on the request of the office of the attorney-general.
“As far as being a signatory or in any way being responsible in the management of such account is concerned, the office of the attorney general is in no way connected whatsoever. The federal ministry of finance and the office of accountant general are exclusive custodians, managers and operators of the account.”