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Home Business News Business

Update: Court asks EFCC to arrest ExxonMobil Nigeria MD over alleged fraud

Abiola Odutola by Abiola Odutola
February 3, 2021
in Business, Spotlight
Western Lotto, N4.16 billion unpaid lottery revenue recovered by EFCC
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A Federal High Court, Abuja has given the Economic and Financial Crimes Commission, EFCC, the go-ahead to arrest Richard Laing, Managing Director, ExxonMobil Nigeria.

This was disclosed by EFCC via its Twitter handle on Wednesday. The anti-graft agency stated that Justice Okon Abang granted its application for a Bench Warrant to arrest Laing.

READ: EFCC and other anti-graft agencies demand speedy repatriation of stolen funds

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It stated, “The Commission is investigating alleged procurement fraud in the Major Integrity Pipelines Project involving Mobile Producing Nigeria as the contracting company, Suffolk Petroleum Services Limited as the main contractor, Saipem Contracting Nigeria, Global Offshore Limited and Van Ord as sub-contractor to SPSL.

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

READ: Purported EFCC raid on MTN Nigeria head office might be false

Court Gives EFCC Nod to Arrest Mobil Nigeria MD

A Federal High Court, Abuja has given the Economic and Financial Crimes Commission, EFCC, the nod to arrest Mr. Richard Laing, Managing Director, ExxonMobil Nigeria. pic.twitter.com/CUZsj8pQrm

— EFCC Nigeria (@officialEFCC) February 3, 2021

What you should know: The anti-graft agency approached the Court for a Warrant after three invitations to Mr. Liang were rebuffed.


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Tags: Economic and Financial Crime Commission (EFCC)ExxonMobil Nigeria
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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