N1.3tr subsidy: EFCC retrieves documents at PPPRA

The operatives of the Economic and Financial Crimes Commission (EFCC) yesterday invaded the Petroleum Products Pricing and Regulatory Agency (PPPRA) and retrieved documents relating to the controversial N1.3trillion subsidy paid to oil marketers in 2011. Some top officers of the agency have also been invited for questioning. Also, the EFCC may engage international security agencies to probe how products were bought abroad, the companies involved and the actual worth of imported products. view full text

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