Dr. Ifeanyi Patrick Ubah, Managing Director, Capital Oil & Gas secret has been exposed as former Managing Director of the Nigerian National Petroleum Corporation (NNPC) Retail Limited, Esther Nnamdi-Ogbue revealed recently that she was sacked for reporting the unauthorised diversion of N11 billion worth of Premium Motor Spirit (PMS) belonging to the NNPC by Ifeanyi Ubah’s Capital Oil and Gas company, to security agencies.
Dr. Ifeanyi Patrick Ubah, Managing Director, Capital Oil & Gas
She disclosed that her retirement as Head of NNPC Retail Ltd in April is like a scene from Nollywood films where security agencies turn around to label the whistle-blower, the suspect in a crime.
She revealed this while testifying on the second day of the investigative hearing by the House of Representatives Committee on Petroleum (Downstream) into the disappearance of N11 billion worth of products belonging to NNPC. She said that she reported the diversion of PMS kept in Capital Oil and Gas Lagos tank farm to the Department of State Security Service (DSS) as well as the Economic and Financial Crimes Commission (EFCC). She stated that response from EFCC and DSS wasn’t satisfactory despite spirited efforts by NNPC Retail under her leadership to get both agencies to ensure the recovery of the products or payment for the products by the oil company within seven days as stipulated in the Throughput Agreement with Capital Oil and Gas.
She revealed that the only response she got from the EFCC after letters written to its Acting Chairman, Ibrahim Magu, was when operatives from the agency stormed her Abuja residence after she had been compelled to resign by the leadership of NNPC, to conduct a search, after which the officers left with documents relating to NNPC Retail’s agreement with the oil firm.
She also said that she was issued a query immediately after the diversion of the products was discovered, which she responded to, she insisted that her retirement was a result of her daring to report the disappearance of products to EFCC and DSS even when Capital Oil and Gas has never denied diverting the products without the permission of NNPC Retail Ltd.
Esther Nnamdi-Ogbue, former Managing Director, NNPC Retail Limited.
The former NNPC Retail boss said she was warned by close associates to resign to prevent being embarrassed out of office, even as she accused the EFCC of leaking a story to an online medium linking her to the Osborne Towers flat where $43 million stash was discovered.
When asked by a member of the committee, Samuel Akintola, if NNPC Retail had staff monitoring private depots where it stores products and why the diversion wasn’t discovered on time, Nnamdi-Ogbue said the agency had a “robust structure” up to the level of General Manager Operations, NNPC Retail, with the duty of monitoring products warehoused on its behalf.
Also in response to a question from another member, Betty Apiafi, on if any other staff of NNPC Retail was sacked over the matter, she said the then General Manager, Operations, the Manager, Distributions and the Coordinator, Private Deports were also sacked.