$17bn stolen crude: FG prepares criminal charge against IOCs, says AGF Published April 11, 2017 Share Tweet Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami John Ameh, Abuja The Federal Government is considering the option of filing criminal charges against International Oil Companies implicated in the alleged export of $17bn worth of Nigeria’s undeclared crude and gas resources between 2011 and 2014. The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, disclosed this on Tuesday when he appeared before an ad hoc committee of the House of Representatives in Abuja. The committee, which is chaired by a member of the All Progressives Congress from Adamawa State, Mr. Abdulrazak Namdas, is investigating the alleged crude and gas theft. Malami explained that his office was investigating the level of involvement of the firms to establish concrete evidence to sustain the criminal charges before proceeding to court. However, the minister stated that nine civil litigation were already instituted in Lagos and Abuja against some IOCs and other oil firms primarily to recover the government’s undeclared crude and gas resources. Malami clarified that though the period under investigation preceded the present administration of President Muhammadu Buhari, the government felt compelled to pursue the cases with a view to making the recoveries for the collective good of the country. He also admitted that it was former President Goodluck Jonathan, under whose regime, the alleged theft took place, who initiated the process for the civil litigation in 2013. Details Later… Share Tweet IOC MALAMI Trump supports Los Angeles bid for 2024 Olympics Nigeria qualifies for Beach Volleyball World Championships FG recovers N10bn, $10m looted funds Cash call: Nigeria gets $1.7bn discount from IOCs Arrested judges: Lawyer sues Buhari, DSS, AGF, others for N50bn Corruption responsible for Nigeria’s economic problems – AGJ AGF Malami queries Emefiele on alleged Forex fraud in CBN AGF Malami queries Magu, begins probe into DSS allegations Sponsored Links You May Like Love Lottery? Play To the USA Mega Millions Online! 24lottos 7 Investments That'll Help Plan For The Future Womens Article How To Buy a U.S Mega Millions Lottery Ticket From Your Mobile? 24lottos How to Play USA Lotteries From Africa? 24lottos Top 6 High Salary Clean Energy Jobs That Are In Demand Now WomensArticle.com Trade Denialism Continues: Trade Really Did Kill Manufacturing Jobs Huffington Post Autopsies, 'Star Trek' Homes and Birth Control Bloomberg Celebrate Frozen Food Month with Kidfresh: Earn $1 with Ibotta and Checkout 51 Apps BargainBriana Uber says stolen self-driving car files never touched its servers USA Today When Bangladesh strode onto the Test stage ESPN Cricinfo Stocks start year strong despite Trump missteps USA Today Cops Alone Can't Stop Terrorism Bloomberg by Taboola TRENDING Caitlyn Jenner finally becomes a woman BREAKING: FRSC recalls sector commander, officers who cut female officials’ hair Ondo wedding: Bride, groom dated seven years – Family Lagos matron disappears after calling daughter FRSC boss cuts hair of female officials for breaching dress code punchng.com © 1971-2017 The Punch newspaper