The House of Representatives’ Committee on Public Accounts Committee issues a seven-day ultimatum to heads of the 17 subsidiaries of the Nigerian National Petroleum Corporation to appear before it or risk being arrested by warrant of the House.
The Office of the Auditor General of the Federation had in its audit queries accused NNPC’s subsidiaries of failing to render their audited accounts over the years.
Those with queries against them include the Nigerian Petroleum Development Company Limited, Petroleum Products Marketing Company Limited, Petroleum Products Pricing Regulatory Agency and NNPC Retail Limited, National Petroleum Investment & Management Services.
The committee has been holding investigative hearings on the audit queries issued by the OAUGF against ministries, departments and agencies of the Federal Government.
Repeatedly, the committee had summoned the Group Managing Director, NNPC, Mr Mele Kyari, as well as head of the corporation’s subsidiaries, asking them to respond to the various audit queries issued by the OAUGF.
The committee had earlier threatened to issue arrest warrants against the heads due to their failure to show up.
