After receiving six invitations, the House of Representatives Adhoc Committee on the Structure and Accountability of Joint Venture (JV) Business and Production Sharing Contracts (PSCs) of the NNPC from 1990 to the present stated that it had no choice but to issue a warrant of arrest for the Chairman of the Federal Inland Revenue Service, Muhammad Mamman Nami.
Hon. The Investigative Committee’s Chairman During the committee meeting, Abubakar Hassan Fulata insisted that the panel would use its constitutional authority to direct the Inspector General of Police to arrest Nami, whom they accused of conspiring with oil companies to evade billions of dollars in taxes.
“The four organizations that are anticipated to appear before us today are the Federal Inland Revenue Service, Shell Petroleum Development Company (SPDC), Chevron, and FAMFA Oil Ltd. The Chairman of FIRS is not present to answer questions regarding the tax evasion allegations while the three oil companies are present.
The subpoena has been delivered to the FIRS chairman by the Clerk of the House of Representatives. However, he declined our invitation. Fulata stated, “We have no choice but to issue a warrant of arrest against him in order to arrest him and bring him before this investigative committee.”
Hon. Mark Gbila (Benue State) said that some oil companies’ claim that they don’t know about the CAFA certificate as the basis for getting capital allowance doesn’t excuse them in any way.
The panel emphasized that any of the oil organizations tracked down blameworthy comparable to installment of duty or unduly getting a charge out of capital stipend will be made to discount the cash to the league account.
According to Fulata, some oil companies that applied for capital allowance in 1978 processed their Certificate of Acceptance of Fixed Assets (CAFA). Fulata wondered why Shell, one of the oldest oil companies, if not the oldest, completely ignored the CAFA certificate while the company was receiving capital allowance.
Following a series of questions posed to Shell representatives by director Bashir Bello, the lawmakers instructed them to provide the secretariat with additional relevant documents regarding their operations by Monday, December 12, 2022, prior to their appearance before the investigation panel on Monday, December 19.
Additionally, Chevron and FAMFA Oil were instructed to deliver their documents to the secretariat by Monday, December 12, 2022. On Monday, December 19, 2022, the CEO of Chevron and FAMFA are anticipated to appear before the committee.