Reps Grill Malami Over Missing $2.4bn Crude Oil Sale

The New Diplomat
Writer

Ad

BREAKING! [VIDEO] Ministers, Advisors, Party Chief, military officers killed in Helicopter Crash in Ghana

By Abiola Olawale A devastating military helicopter crash in Ghana’s Adansi Akrofuom District has claimed the lives of eight individuals, including two prominent ministers, advisors, and military personnel. The incident, which occurred on Wednesday, August 6, 2025, has been described as a "Black Wednesday" for Ghana, with the government and citizens grappling with the profound…

South-South Highways Now Dead traps, Says King of Idjerhe

By Abiola Olawale In a passionate plea, His Royal Majesty, King Obukowho Monday Arthur Whiskey, the Ovie of Idjerhe Kingdom, has spoken up about what he called the deteriorating state of roads in Nigeria’s South-South region, labeling them "death traps" that have left communities isolated and lives at risk. The monarch also urged both the…

Murdoch to provide health updates to Trump in deal to delay Epstein case deposition

Rupert Murdoch will give President Donald Trump updates on his health to postpone his deposition in Trump’s defamation lawsuit over a Wall Street Journal article about Jeffrey Epstein. The agreement comes after Trump’s lawyers sought a quick deposition from Murdoch, implying he could be dead or too sick to testify in person by the time…

Ad

By Charles Adingupu 

For a considerable number of hours, Lawmakers at the Green Chambers engaged the Attorney General of the Federation (AGF), Abubakar Malami over the mysterious disappearance of a whooping $2.4billion crude oil sales.

The AGF who is appearing before an Adhoc committee of the House maintained his earlier stance that he was unaware of the missing funds.

Mr. Malami who responded to the request of the committee members to produce the statement of accounts of recoveries made since 2015, disclosed that so far, his office has successfully recovered over one billion dollars ($1bn) for the country.

The ad hoc committee of the House of Representatives is currently investigating the alleged missing 2.4 billion dollars in revenue from 48 million barrels of crude oil in 2015.

Both parties also disagreed on the interpretation of the single account of the Federation as stated in the constitution.

Although, the present administration and the Ninth National Assembly are approaching their end, the AGF agreed to work with the committee to get to the root of the missing funds.

Meanwhile, the Minister of Finance, Zainab Ahmed and the Governor of the Central Bank of Nigreria (CBN), Godwin Emefiele are yet to make an appearance before the House Committee.

Ad

X whatsapp