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Audit Query: HoR rejects Kyari submission, threatens warrant of arrest on subsidiaries

The House of Representatives on Tuesday told NNPC in clear terms that it must produce before it, the leadership of its 17 subsidiaries indicated by the report of the Auditor General of the Federation over financial infractions between 2014 and 2019.

Speaking at the resumed investigative hearing on the report of the Auditor General, the Chairman of the House Committee on Public Account Oluwole Oke said the action of the NNPC in shielding its subsidiaries amounted to hiding something from Nigerians.

But the Group Managing Director of the NNPC, Mele Kyari told the committee that the company was not hiding anything from Nigerians, while also dismissing earlier media reports that about 107 million barrels of crude oil could not be accounted for in 2018.

Representative Wole Oke said the House was shying away from invoking the provisions of the constitution to issue warrants of arrest on the leadership of the subsidiaries who have refused to appear before parliament to answer questions arising from the AGF report.