Nigerian Liquefied Natural Gas, NLNG’s (NLNG) has described as erroneous attention recent report in Nigeria media linking it to the ongoing recovery of looted funds.
NLNG in a statement on Monday by Kudo Eresia-Eke, General Manager, External Relations Division, said the report titled: “N115BN LOOT: EX AIR CHIEFS, POLITICIANS TOP REFUND LIST,” is misleading and untrue.
“The said report quotes an unnamed public official, and states that ‘$3.1bn intercepted in the accounts of NNPC and NLNG which was yet to be moved to the Central Bank of Nigeria in line with the Treasury Single Account (TSA) policy.”
NLNG said that it viewed the statement with “utmost seriousness and wishes to denounce it as misleading and untrue.
“To our knowledge, no NLNG’s accounts are the subject of any recovery effort by the EFCC or any other similar authority more especially as NLNG is a private company and not a government agency or parastatal.
“We are surprised that these misleading reports continue to be rehashed despite categorical statements by ourselves and third parties, including the Nigerian Extractive Industries Transparency Initiative (NEITI) to the effect that NLNG has no outstanding obligations to government.
“We wish to use this medium to appeal to all concerned stakeholders to take the necessary duty of care of checking the accuracy of information before publication,” Eresia-Eke said in the statement.
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