The House of Representatives Joint Committee on Finance and Petroleum Resources (Upstream) has vowed to deal with oil companies which fail to participate in the ongoing investigation of the loss of 60 billion dollars inflated cash calls by the Nigerian National Petroleum Company Limited’s Joint Venture Agreements.
Recall that the joint committee co-chaired by Chairman, Finance, JAMES FALEKE and Chairman Petroleum Resources, ALHASSAN ADO-DOGUWA had in the past week, frowned at the absence of chief executives of companies and agencies earmarked for the probe at the hearings.
It also rebuked the presentations made by the few who turned up, even as it warned against the practices of some companies sending representatives instead of their top expectative officers.
Not happy by the uncooperative attitude of the invited companies, Co-Chairman, ADO-DOGUWA said the committee would not take it lightly with those who attempt to undermine the constitutional power of the parliament.
The lawmaker directed the clerk of the committee to go through the books to identify companies which failed to honour its invitation without cogent reasons, vowing that appropriate action will be taken.
