Alleged N3.5 billion fraud: PPPRA Denies Being Under Any Investigation

 The PPPRA says it is is committed towards “enthroning transparency, accountability and international best practices in the downstream sector of the petroleum industry.”
The Petroleum Products Pricing Regulatory Agency, PPPRA, has denied that it is being investigated by the Independent Corrupt Practices Commission, ICPC, over a N3.5 billion fraud.
Speaking to reporters in Abuja Executive Secretary of the PPPRA, Reginald Stanley, said the allegation is a “farce, malicious and a smear campaign.”

He also said that Ledisi Dagogo-Jack is a fictitious name, “who only exist on the pages of newspapers” and challenged him to make himself known to the public if he is indeed a real person.
“We challenge whoever goes by the name, `Ledisi Dagogo-Jack’, to show his face and substantiate his mindless claims and misleading information.”
“PPPRA hereby unequivocally states that the news making the rounds is a figment of the imagination of the people peddling it,” he said.

He said the allegation is a continuation of the attacks on the agency by those he referred to as “blackmailers, mischief makers and disgruntled elements, wanting to take their pound of flesh on the management of the agency for refusing to toe the wrong line in executing its mandate.”
He said the agency is committed towards “enthroning transparency, accountability and international best practices in the downstream sector of the petroleum industry.”

November 04, 2013