Categories: Business

Court orders arrest of ExxonMobil CEO

A Federal High Court in Abuja has issued an arrest warrant for the Managing Director, ExxonMobil Nigeria, Richard Laing,

The Economic and Financial Crimes Commission (EFCC) had approached the court for an arrest warrant after Liang had ignored its three invitations.

Justice Okon Abang on January 29, 2021 granted the EFCC’s application for the Bench Warrant, said spokesman Wilson Uwujaren.

The commission is investigating alleged procurement fraud in the Major Integrity Pipelines Project.

The project involved Mobil Producing Nigeria as the contracting company, Suffolk Petroleum Services Limited (SPSL) as the main contractor.

Saipem Contracting Nigeria, Global Offshore Limited and Van Ord were the sub-contractors to SPSL.

At issue, is the fraudulent creation of Change Orders worth over $213 million.

Trends Admin

Recent Posts

Dam collapses, death toll rises in Brazil floods

Dam collapses, death toll rises in Brazil floods A hydroelectric dam has collapsed in southern Brazil…

1 hour ago

Repentant Boko Haram members burn NDLEA, Customs checkpoints in Borno

Repentant Boko Haram members burn NDLEA, Customs checkpoints in Borno A group of suspected repentant Boko Haram…

2 hours ago

Lagos GDP hits N41tn, earns N433bn from IGR

Lagos GDP hits N41tn, earns N433bn from IGR According to Ope George, Commissioner for Economic Planning…

2 hours ago

Police identify officer who shot man dead at fuel station

Police identify officer who shot man dead at fuel station The Police Command in Lagos State…

2 hours ago

US students slam Biden’s comments on Gaza encampments

US students slam Biden’s comments on Gaza encampments President Joe Biden says “order must prevail”…

2 hours ago

Gaza: Police arrest 2,000 pro-Palestine protesters on US campuses

Gaza: Police arrest 2,000 pro-Palestine protesters on US campuses Police have arrested more than 2,000 people during…

2 hours ago