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Nigeria: State oil company to be probed over '$20B subsidy racket'Abuja, Nigeria (UPI) Feb 19, 2013 Nigeria is to carry out a forensic audit of the state oil company over an alleged $20 billion subsidy racket that officials say may help explain what happened to $50 billion in oil revenues that the governor of the central bank says is missing. The audit, ordered last week by a Senate committee investigating allegations of corruption in the oil industry of Africa's second largest economy, could become political dynamite as Nigeria heads into a presidential election in 2015. Nigeria, Afri ... read more |
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Greenland truce or Trump win? Davos "framework" pauses tariffs but not the takeover boasts
Greenlanders doubtful over Trump resolution
EU says ready to sign defence and security pact with India |
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