The Senate has begun investigation into activities of some banks for allegedly colluding with some International Oil Companies (IOCs), to defraud Nigeria. This is as over $62,909,716,417 was said to have been taken out of the country between August 2009 and December 2014 in suspicious circumstances, Vanguard reports.
A document obtained, yesterday, showed that the affected banks were asked by the Senate to submit all copies of certified Nigeria Export Proceed (NXP), issued/or processed by them in respect of all crude oil and gas exported by Nigeria Agip Company Ltd, Chevron Nigeria Limited, Shell Petroleum Development Co. Nig. Ltd and their affiliates between April 1996 and December, 2016.
According to the document, the affected banks were also asked to produce all domiciliary accounts opened and /or closed within the period specified for all crude oil and gas exported. Some banks had appeared before the investigative joint committee, last Thursday, while other banks that have been identified with the export of oil and gas will also appear.