With the public chastising of Conoil Plc last Wednesday by members of the Senate Committee on Public Account, an uncanny connect was established between the arrest and brief detention of Dr. Mike Adenuga by the Economic and Financial Crimes Commission in November 2006 and the culpability of his oil company, Conoil Plc in withholding statutory remittance of bridging fund to the Petroleum Equalisation Fund (PEF). Here.
Filed under: BusinessNEWS | Tagged: conoil nigeria, conoil petroleum, conoil plc, economic financial crimes commission, federal inland revenue services, Mike Adenuga, mike adenuga's oil company, petorleum equalisation fund, sanjay mansur, senate committee on public account, senatot caleb zagi, umar musa yar'adua | Leave a comment »