Hello Friends!
In the News Today: (Courtesy Punch Newspapers).
Many fraudulent marketers who collected fuel subsidues in 2011 may be compelled to make “a huge refund” to the Federal Government, according to preliminary findings by the House of Representatives Ad-Hoc Committee on Subsidy Regime.
This is in addition to recommending that the Economic and Financial Crimes Commission should prosecute such marketers for “fraudulent practices along with their collaborators in government agencies.”Investigations by THE PUNCH have shown that the committee had already identified some fuel contractors who allegedly made bogus claims as subsidies but could hardly convince members that they brought any products into the country.








